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Taiwan will trial Crypto Custody via Banks in 2025.

  • Taiwan's Financial Supervisory Commission (FSC) plans to trial crypto custody services through local banks in 2025.
  • Three private banks have expressed interest in piloting the service, which aims to integrate crypto into the mainstream and establish Taiwan as a major digital asset market.
  • The FSC sees regulated banks as a safe option for managing cryptocurrency, reducing the risks of hacking and fraud.
  • The launch allows Taiwanese banks to tap into the fast-growing market, expanding their customer base, but also requires upgrading technology and providing specialized training.

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