The Taiwan Financial Supervisory Commission recently held a public hearing for industry players and is expected to officially release the "Guiding Principles for the Management of Virtual Asset Platforms and Transaction Business Enterprises (VASP)" before the end of this month. These guiding principles will include 10 main aspects, such as strengthening the management of virtual asset issuance, setting up a review mechanism for the listing and removal of virtual assets, and strengthening the separate custody of platform and customer assets. In addition, the Financial Supervisory Commission will also work with industry associations to further develop self-regulatory regulations.

Topics discussed at the meeting included: whether to set up a special unit "Fintech Bureau" for supervision; whether to open leveraged derivatives trading in Taiwan, etc. Representatives from Binance and Bitfinex attended the conference, and representatives from Binance provided experience in money laundering prevention and regulatory examples from other countries to relevant units.