Taiwan has proposed mandatory customer information sharing for all domestic crypto platform transfers, with new Travel Rule requirements scheduled to begin in October.
Summary
- Taiwan has proposed mandatory customer information sharing for all domestic crypto platform transfers starting in October.
- Transfers above NT$30,000 would require additional sender identification, while receiving platforms must verify beneficiary details.
- The Financial Supervisory Commission plans to extend the Travel Rule requirements to cross border VASP transfers by the end of 2027.
- The proposal builds on Taiwan’s new Virtual Asset Service Act, which introduced a full licensing framework for…
