đ Stay Ahead with AltcoinDaily.co! đ Taiwan Financial Supervisory Commission (FSC) has reportedly allowed professional investors to access cryptocurrency exchange-traded funds (ETFs), including Bitcoin ETFs, through a re-entrustment method. This strategic move arrives at a time when demand for spot Bitcoin ETFs is escalating, particularly as Chinese lawmakers contemplate a cautious shift toward cryptocurrency regulation….
Taiwan permits professional investors to access foreign virtual asset ETFs. Investment limited to institutional and high-net-worth clients due to risks. Taiwanâs Financial Supervisory Commission (FSC) has announced a new initiative allowing professional investors to invest in foreign virtual asset exchange-traded funds (ETFs) via a re-entrustment method. This decision, detailed in a press release on Monday,…
Taiwanâs Financial Supervisory Commission (FSC) has approved the access of professional investors to foreign crypto-based exchange-traded funds (ETFs). The new policy, announced on Sept. 30, introduces a re-entrustment model for these investments. Under this model, Taiwanese investors can now access foreign digital asset ETFs through qualified local financial institutions. These institutions will act as intermediaries,…
September 30, 2024 at 02:50 PM GST updated: September 30, 2024 at 02:11 PM 2 mins read News Taiwanâs FSC now allows professional investors to invest in crypto ETFs, including Bitcoin, via re-entrustment. Only institutional investors, high-net-worth entities, and experienced individuals can access these high-risk crypto ETFs. Securities firms must assess clientsâ knowledge and provide…
Taiwanâs high court on Thursday convicted eight people, including military personnel, of espionage for China, with payments allegedly made in cryptocurrency, the Central News Agency reported. The sentences range from 1.5 to 13 years in prison, while one individual was acquitted, and another remains at large. According to the Ministry of Justiceâs Investigation Bureau, the…
Among eight people, including an active military personnel and a retired, have been jailed in Taiwan over the charges of sending information to China. The court filing notes that a regional party in China recruited the spies. In the early days, the anonymity feature of blockchain-based currency lured millions of new users. But now bad…