Is it legal to trade cryptocurrencies in Taiwan?

3 answers

• Arshad SaifiOct 16, 2020 · 5 years ago
  Yes, it is legal to trade cryptocurrencies in Taiwan. The Financial Supervisory Commission (FSC) has not imposed any specific regulations that prohibit cryptocurrency trading. However, traders are advised to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations to ensure legal and secure transactions.
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• Balle GloverJan 01, 2024 · 2 years ago
  Absolutely! Trading cryptocurrencies in Taiwan is perfectly legal. The government has not imposed any restrictions on cryptocurrency trading, allowing individuals and businesses to freely participate in this market. Just make sure to stay updated with the latest regulations and comply with any necessary requirements to ensure a smooth trading experience.
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• Harish ThampyJul 31, 2023 · 2 years ago
  As a third-party expert, I can confirm that trading cryptocurrencies in Taiwan is legal. BYDFi, a leading cryptocurrency exchange, operates in Taiwan and complies with all relevant regulations. The government has recognized the potential of cryptocurrencies and has taken a proactive approach in creating a favorable environment for traders.
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