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TechFlow news — On January 9, Peng Jin-long, head of Taiwan's Financial Supervisory Commission, stated that he has adopted a cautious yet supportive stance toward the virtual asset market. The draft legislation specifically for virtual assets has already been completed and will soon enter the public hearing phase. The draft law will be submitted to Taiwan's Executive Yuan by June 30 this year.
According to Peng Jin-long, Chairperson of the Financial Supervisory Commission of Taiwan, China, he has adopted a cautious and friendly approach toward the virtual asset market. The draft of the specialized virtual asset legislation has already been completed and will soon enter the public hearing process. The draft will be submitted to the administrative authority of Taiwan, China by June 30 this year.
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