• 16 October, 2024
Market News

Taiwan Allows Foreign Crypto ETFs to Professional Investors

Taiwan’s Financial Supervisory Commission (FSC) has approved foreign crypto exchange-traded funds (ETFs) for professional investors, including institutional and high-net-worth individuals. Due to the volatile nature of the virtual assets, access is limited. Local brokers are required to assess investor expertise before approving purchases. The FSC aims to diversify investment options while safeguarding investors. Taiwan’s move follows global trends, though regulatory concerns over crypto volatility and fraud remain significant in protecting investor interests.

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