Taiwan FSC Prepares for Virtual Asset Crypto Custody Trial

台灣 FSC 準備虛擬資產加密貨幣託管試驗

The Financial Supervisory Commission (FSC) of Taiwan intends to initiate a crypto custody service trial for digital assets.

台灣金融監督管理委員會（FSC）擬啟動數位資產加密託管服務試點。

Trial Program Details:

試用計劃詳情：

• Applications to participate will open in early 2025.
• Three domestic banks will spearhead the pilot program starting in the first quarter of 2025.
• Participating banks will offer custody solutions for cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).
• The FSC has established stringent guidelines for institutions, requiring them to define supported assets and target user groups.

Regulatory Oversight:

參與申請將於2025 年初開放。解決方案。

• FSC Global Planning Division Director Hu Zehua announced plans to release project trial details at least 15 days prior to application acceptance.
• The FSC will gather public feedback on the proposed trial.

Additional Developments:

FSC 全球規劃部主任胡澤華宣布計劃在申請受理前至少 15 天發布專案試驗細節。

• The FSC has also authorized institutional investors to trade foreign crypto exchange-traded funds (ETFs).
• The commission aims to formulate a crypto law proposal by December 31st, with a formal proposal targeted for June 2025.

Security Measures:

FSC 還授權機構投資者交易外國加密貨幣交易所交易基金 (ETF)。

• The FSC has emphasized the importance of custody business security and money laundering prevention.
• Financial institutions are required to freeze virtual assets linked to illegal funds to mitigate risk.

FSC強調了託管業務安全和反洗錢的重要性。