Crypto Custody Solutions To Debut In Taiwan With Local Bank Trials In 2025

Quick Summary:

The Taiwanese financial watchdog is reportedly considering trialing institutional crypto custody services, with local banks being evaluated for a pilot program.

Taiwan Looking To Integrate Crypto Assets Into Economy Taiwan’s financial regulator, the Financial Supervisory Commission (FSC) is reportedly encouraging local banks to pilot digital asset custody services.

However, concerns remain among financial watchdogs regarding the potential risks of crypto assets for retail investors.

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Article Details

Author / Journalist: Ash Tiwari

Category: Crypto

Markets: HungaryJapanSouth KoreaTaiwanUnited Arab Emirates

Topics: Taiwan Altcoin Ether Bitcoin Crypto regulation ETH Dogecoin Doge Ethereum Crypto regulation BTCUSDT Crypto ETF Crypto custody services FSC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 12:00:17 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 51 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22979114

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 15 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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