Taiwan to trial crypto custody services through local banks in 2025

Taiwan’s Financial Supervisory Commission reportedly plans to start collecting applications from institutions interested in trialing Bitcoin custody services in the first quarter of 2025.

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Taiwan is looking to advance institutional cryptocurrency adoption as local regulators aim to pilot crypto storage services through local banks.

The Financial Supervisory Commission (FSC) of Taiwan is preparing to launch an institutional trial of crypto custody services, local media Central News Agency reported on Oct. 8.

Source: Crypto PM

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