Reported 8 months ago
On June 17, 2024, the Chairman of the Financial Supervisory Commission, Peng Jinlong, revealed plans to announce a 'lightweight sandbox' in July, expanding the scope of financial business trials. This new initiative aims to allow closer integration between the financial and technology industries without the need for legislative approval, fostering greater possibilities for collaboration. Peng stated that by enlarging the experimental range, Taiwan's strong technology environment and dedicated financial sector can pave the way for further advancements in financial technology.
Source: YAHOO