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Taiwan and El Salvador join forces to enrich crypto regulation
Wu Blockchain’s X post reveals that the Taiwan Crypto Association communicated with El Salvador’s Virtual Assets Bureau, Presidential Office, and central bank, calling for enhanced regulatory capabilities. Taiwan’s current rules don’t allow cryptocurrency derivatives trading and stablecoin issuance, stressing the need for legislation to support the crypto market. El Salvador remains among the few crypto-friendly countries. It made Bitcoin a legal tender in September 2021. Taiwan’s crypto regulation stance Taiwan’s latest Virtual Asset Supervision public hearing by legislator Kuo Kuo-wen saw crypto ... (full story)