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Latest! The list of virtual currency service providers by the Financial Supervisory Commission "only has 12 left", Taiwan's Bitcoin ATMs will disappear.
The list of virtual currency service providers announced by the Financial Supervisory Commission currently has only 12 remaining. (Background: Binance CEO Richard Teng's speech in Taiwan: After 2024, Crypto Assets will become mainstream! Taiwan needs to leverage its talent advantage.) (Additional background: Is Brother Ma-Ji endorsing the Taiwan Mobile Exchange TWEX? Fraudulent ads are making the crypto world laugh.) Today, the Taiwan Financial Supervisory Commission issued the latest "Anti-Money Laundering List of Virtual Asset Service Providers." In simple terms, these are the providers currently registered under anti-money laundering standards and compliant operations, with the vast majority being exchange operators. There are currently only 12 listed, a decrease of 5 compared to the last published list. As for which providers have withdrawn from the anti-money laundering registration? We compared the previous list and found that the following providers decided to exit the market: "Taiwan Zhi-Jing" Taiwan Zhi-Jing Co., Ltd. Unified No. 82968751 "BitZone Coin" Sang Fei Si Te Co., Ltd. Unified No. 91037569 "WoHeng" British Virgin Islands company WoHeng Technology Ltd. Taiwan branch Unified No. 90640246 "Bitcoin ATM" Quan Shi International Co., Ltd. Unified No. 42827051 "*No Brand" Absolute Digital Co., Ltd. Unified No. 82943268 On the side, it is understood that these providers have given up on virtual currency service operations mainly due to the specific legal requirements of the Taiwan Financial Supervisory Commission, increased compliance costs, and the prohibition of cash transactions without proof of capital, hence they have abandoned their business. At the same time, the member list of the Virtual Currency Business Association has also been updated, leaving only 12 members. Related reports: Vitalik Buterin: The single ZK identification of Taiwan and World ID is risky and must move towards diversified digital identities. Taiwan's first case: Fubon will list the "Dual Core Strategic Multi-Asset ETF" in August, which includes Bitcoin. Besides Bitcoin, a Taiwanese YouTuber takes you to see what "real Salvadoran life" looks like. The article "Latest! The Financial Supervisory Commission's list of virtual currency service providers has 'only 12 remaining'; Bitcoin ATMs in Taiwan will disappear" was first published on the BlockTempo "Dynamic Zone - The Most Influential Blockchain News Media."