Taiwan's financial regulator will propose a draft cryptocurrency law by the end of June

On January 9th, Taiwan's financial regulatory agency chairman, Peng Jinlong, stated that he is taking a cautious and friendly approach to the virtual asset market. Currently, the draft of the Virtual Asset Act has been completed and will soon enter the public hearing process. The draft will be sent to Taiwan's administrative management agency before June 30th of this year. (Jinshi)