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Taiwan Puts Bitcoin ETF under Watch; People to Resume Buying Overseas ETF?

source-logo  coingape.com 04 March 2024 18:15, UTC

In Taiwan, where new legislation is about to be proposed by the government and regulators, Bitcoin ETF may become increasingly prevalent. According to a translated version of local media reports, The Financial Supervisory Commission (FSC) of Taiwan will keep Bitcoin ETFs under supervision to assess their potential and public demand. The FSC eventually plans to release research based on these findings in April to finally decide the future of Bitcoin ETFs. If positive, Taiwanese people will be able to resume buying overseas Bitcoin ETFs due to this decision.