Tag Archives: Taiwan

Taiwan’s Financial Supervisory Commission is preparing to roll out a pilot program for institutional crypto custody. The regulatory agency intends to collect applications in early 2025, and three private banks have already expressed interest in participating. The latest move signifies efforts to promote institutional adoption of crypto in the region. Institutional Crypto Custody in Taiwan According to a report by local media, institutions participating in the pilot must...

ACE Exchange, one of Taiwan’s largest crypto trading platforms, is reportedly under investigation for alleged fraudulent activities, with local authorities estimating the value of the fraud to be over $32 million. However, the company clarified that its employees were not involved in the alleged fraud case. ACE Exchange Founder Arrested for Fraud Allegations According to local news outlet Liberty Times, Taiwanese police arrested the founder of ACE Exchange, David Pan, and 13...

The ACE Exchange – based in Taiwan – has joined hands with several audit firms as a means of combating crypto money laundering and other illicit activity in the digital currency space. The ACE Exchange Is Stepping Up Protections One of the big problems that the crypto space is seeing as of late is the number of hackers and cyberthieves that want to walk through the door and steal money that isn’t theirs. Often, their schemes come in the form of exchange hacks that wind...

More than $3 million in Tether units have been stolen from a private antique dealer in the nation of Taiwan, suggesting that even decentralized finance is vulnerable to the illicit dealings of those who would steal and commit dirty deeds to get their hands on money. Investor Loses More Than $3 Million in Tether The victim in question is a man named Liu Kun-Hung. He holds plenty of crypto in assorted online wallets. Two contained more than $3 million in Tether, a popular...

Während die Regierenden der Welt gerade die Wirtschaft in den Sand fahren, gibt es doch noch einige gute Nachrichten und innovative Firmen, die Stellen schaffen und ohne Kredit vom Staat Investitionen tätigen wollen: TSM, ein Hersteller von Bitcoin-Mining-Chips,will eine Fabrik in Arizona bauen. Was dort hergestellt wird, ist allerdings noch nicht bekannt. Neuer Standort in den USA gesucht Der...