<ul><li>The Taiwanese financial regulator, the Financial Supervisory Commission (FSC), plans to trial institutional crypto custody services with local banks in 2025.</li><li>Interested financial institutions must specify the type of digital asset they would like to hold and adhere to security guidelines to prevent money laundering and engage with assets from illegal sources.</li><li>The FSC aims to release further information about the trial at least 15 days before accepting applications and gather public feedback to refine the process.</li><li>Taiwan's growing embrace of digital assets follows regulatory developments and pro-crypto stances in other Asian countries such as Japan and the United Arab Emirates.</li></ul>

Crypto Custody Solutions To Debut In Taiwan With Local Bank Trials In 2025

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