The Executive Yuan Includes Virtual Assets in Anti-Fraud System, Exempting Operators from Confidentiality Obligations

The Financial Supervisory Commission (FSC) stated that although cryptocurrency exchanges are currently under regulation, stricter criminal liabilities will be enforced in the future. All exchanges, regardless of their size, including foreign exchanges operating in Taiwan, must fully comply with local regulations and actively fulfill their anti-fraud responsibilities. 25 cryptocurrency exchanges have already completed their anti-money laundering compliance statements, demonstrating progress and an increased awareness of regulatory compliance.