Taiwan to Enforce Travel Rule for Domestic Crypto Transfers Starting October
Taiwan is set to enforce mandatory customer information sharing for all domestic crypto platform transfers under the Travel Rule, effective October. The Financial Supervisory Commission's draft amendments aim to enhance regulatory compliance in the virtual asset service sector, with plans to extend the rule to overseas platforms by the end of 2027.
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Taiwan moves to enforce Travel Rule across domestic crypto platforms
Taiwan has proposed mandatory customer information sharing for all domestic crypto platform transfers, with new Travel Rule requirements scheduled to begin in October. According to Taiwan’s Financial Supervisory Commission (FSC), draft amendments released on Tuesday would require virtual asset service…
Taiwan plans Travel Rule for domestic crypto transfers from October
Taiwan’s regulator plans to apply the Travel Rule to domestic VASP transfers from October before extending it to overseas platforms by the end of 2027.