Taiwan sets new anti-money laundering rules for cryptocurrency companies, with compliance mandatory by 2025
Taiwan is taking major steps to regulate its cryptocurrency industry with the introduction of new anti-money laundering (AML) regulations. Announced by Taiwan’s Financial Supervisory Commission (FSC), the new rules will apply to all virtual asset service providers (VASPs) and will come into effect on January 1, 2025. Crypto companies will have until September 2025 to…