Taiwanese Government Set to Draft Law allowing Banks to Issue Stablecoin

BY admin user

The Financial Supervisory Commission of the Taiwanese Government is set to propose a draft law for VASP (Virtual Assets Service Providers) in June this year.  The law will facilitate the permission of banks to issue stablecoins to their clients bridging the gap between traditional finance and Digital assets in the country.  Peng Jinlong, Chairman of…

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