Taiwan Tightens Crypto Rules Starting This October

Taiwan is moving forward with stricter guidelines for its local crypto sector. The Financial Supervisory Commission confirmed that the Travel Rule will apply to all domestic virtual asset service provider transfers starting this October. This rule requires businesses to collect and share data on the parties involved in crypto transactions.

This change marks a major step for the local market as regulators focus on increasing transparency. By tracking the flow of digital assets within the country, authorities aim to reduce risks associated with money laundering and illegal activity.

Looking further ahead, the regulator plans to expand these requirements to include international platforms by the end of 2027. Traders and local companies should prepare for a more structured environment as these new compliance standards take effect in the coming months.