ACE Crypto Exchange Scam Sees the Indictment of Dozens
In Taiwan, the authorities have taken severe action against the alleged scam of the crypto exchange ACE. The prosecutors have reportedly indicted up to 32…
Posts Tagged: Taiwan
Taiwan Takes a Significant Step with Initial Reading of New Crypto Act
Taiwan has advanced cryptocurrency regulation by introducing a preliminary crypto act for initial reading in the Legislative Yuan. The government is making this move to…
Taiwan to Introduce Strict Regulations for Crypto Firms to Boost Transparency
Taiwan will regulate crypto firms to increase transparency, reduce money laundering, and protect investors. The nation’s Financial Supervisory Commission (FSC) has released 10 comprehensive guidelines…
Foxconn Readies for an $800M Investment in Southern Taiwan
Foxconn is preparing to make a $25 billion investment, equivalent to $820 million, over the next three years to set up new manufacturing facilities in…
Taiwan to Regulate Crypto Sector by End of March
Taiwan has recently announced that by the end of March, the Financial Supervisory Commission (FSC) will be responsible for managing cryptocurrency exchanges and cryptocurrencies in…
Taiwan Widens Anti-Money Laundering Rules to Include Crypto Platforms
The government of Taiwan is widening the scope of its money laundering prevention rules. It encompasses virtual currency platforms and trading enterprises. They will combat…
EUR/USD Loses Momentum, Falls to Three-Day Lows Close to 1.0200
At the start of the week, the selling pressure on the euro pushes the EUR/USD currency pair to a three-day low around 1.0200. Monday is…
Bullish Options Market Signs Push AUD/USD Near 0.7000
During the mid-Asian session on Monday, the AUD/USD currency pair got more bids and hit a new intraday high at 0.6981. Even though the Fed…