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Taiwanese Regulator Issues Guidance for Crypto Firms as it Steps Up Oversight

Under the new guidance, crypto issuers would have to publish a white paper, and exchange platforms must set up a review mechanism for listing and delisting virtual assets. Among other requirements, the regulator said firms should also custody platform assets and customer assets separately. Overseas firms will have to register locally in accordance with company and anti-money laundering laws before serving customers.

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