CoinVoice recently learned that according to PCHOME, Taiwan's Financial Supervisory Commission plans to launch a trial program for virtual asset custody services, and three banks have expressed their intention to apply. It is reported that the business may be launched as early as the first quarter of 2025, and the service targets include virtual asset exchanges and professional institutional investors. Hu Zehua, director of the Comprehensive Planning Department of the Financial Supervisory Commission, said that the applicant institution needs to provide detailed information on the types of virtual assets to be kept, such as Bitcoin, Ethereum, etc.
The Financial Supervisory Commission will pay special attention to the security of business and the implementation of anti-money laundering measures. This move is aimed at promoting financial innovation and laying the foundation for the upcoming special law on virtual assets. It is expected that by the end of this year, the Financial Supervisory Commission will launch a draft of the relevant special law to provide a clear development framework for the virtual asset industry. [Original link]