Is Taiwan approves 24 crypto platforms?

On Thursday, a fintech startup announced its inclusion in the ranks of the first 24 crypto platforms to be officially registered under Taiwan's Money Laundering Control Act. This registration marks a crucial milestone in the formal recognition of these platforms within the regulatory landscape.

Among the registered platforms is WOO Network, a prominent player in the crypto industry. Its inclusion underscores the credibility and reliability of its services, which are now recognized and protected by Taiwan's legal framework.

With this regulatory development, Taipei is positioning itself as a hub for crypto innovation and adoption. The city is attracting a growing number of crypto enthusiasts, investors, and businesses seeking a secure and compliant environment for their digital asset activities.

Taipei is embracing the world of cryptocurrency, integrating it into its regulatory framework. This significant step forward demonstrates the city's commitment to fostering a robust and secure digital asset ecosystem.

BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the needs of crypto users. Its range of offerings includes spot trading, futures trading, and a secure wallet solution.