World · Regulation · Taiwan ·
Taiwan to impose Travel Rule for domestic crypto transfers from October
Taiwan's regulator announced plans to apply the Travel Rule (requiring identification data on crypto transfers between platforms) to domestic virtual asset service provider transfers starting in October, with extension to overseas platforms by the end of 2027.
Why it matters for the crypto market
Taiwan's Travel Rule implementation adds another major Asian economy to the list enforcing cross-border crypto transaction transparency, aligning with global anti-money-laundering standards.
Source: Cointelegraph
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