TechFlow news — Huang Tien-mu, Chairperson of Taiwan's Financial Supervisory Commission (FSC), stated that the FSC plans to propose a special bill targeting virtual currencies in September this year. The purpose of this legislation is to enhance the regulation of the virtual currency market and ensure investor protection.
In addition, Huang Tien-mu addressed the issue of fraud involving virtual currencies, indicating that strict administrative penalties will be imposed on both domestic and overseas individual cryptocurrency dealers.
Regarding the possibility of Taiwanese citizens investing in overseas Bitcoin ETFs, Deputy Director Kao Jing-ping of the Securities and Futures Bureau said the relevant research findings will be released in April.
