Reported about 1 year ago
Chairman of the Financial Supervisory Commission, Peng Chin-Lung, aims to equip the financial industry with more 'weapons' by loosening regulations to expand market offerings and services while ensuring safety and development go hand in hand. He plans to elaborate on the direction of financial technology development in July, strengthen measures for cryptocurrency ETF entrusted management, and complete the draft Virtual Asset Management Act by December. The focus is on sustainable transformation and providing the financial industry with technological tools to face future challenges for a more robust and innovative market environment.
Source: YAHOO