Taiwan will review global trends before relaxing on crypto ETFs

Taiwan’s principal financial regulator, the Financial Supervisory Commission (FSC), is considering allowing the crypto exchange-traded funds (ETFs) in the country, but only after analyzing the ETFs’ development on other markets around the globe. At the moment, the FSC considers itself to be “in the exploratory phase.” 

According to the report in the Taiwanese newspaper, the Commercial Times, published on Dec. 5, the FSC is watching closely the developments in the United States, where the Securities and Exchange Commission will review the Bitcoin spot ETFs in January and bears in mind the example of Canada and Australia, where the local exchange already trade the crypto ETFs.


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