Taiwan's Financial Supervisory Commission (FSC) has approved foreign crypto exchange-traded funds (ETFs) for professional investors.
Professional investors can invest in foreign digital asset ETFs through a re-entrustment process, delegating investment management to trusted intermediaries.
Certain conditions, including developing a suitability system and signing a risk warning, must be met before investing in foreign crypto ETFs.
Taiwan's decision reflects a growing interest in digital assets in contrast to other Asian countries, where regulators remain hesitant.