Original sourceCointelegraphAdditional: crypto.news
Summary
Taiwan's Financial Supervisory Commission plans to enforce the FATF Travel Rule for domestic crypto transfers starting October, requiring VASPs to transmit information on both parties; by end of 2027, it extends to cross-border transfers. All domestic transfers must include basic data; transfers ov…
Key points
- Stay updated on Taiwan's crypto regulatory developments, affecting platforms and users operating there.
- The Travel Rule implementation will strengthen anti-money laundering measures and enhance ecosystem compliance.
- Platforms must adjust systems to meet data transmission requirements; users may need to provide more information during transfers.
Editorial note
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