Taiwan2026-09-29 12:52:54BitstreetX added to Taiwan VASP registry, bringing total to 11Taiwan’s Securities and Futures Bureau updated its list of registered virtual asset service providers on Sept. 29, adding Sanchuan Token Co., Ltd., which operates under the BitstreetX brand. The company completed its anti-money laundering registration on Sept. 24, lifting the total number of registered VASPs from 10 to 11. According to the regulator’s published list, BitstreetX is approved for all four business categories: virtual asset exchange, trading platform, transfer, and custody. The company is led by Lai Chia-hsien, has paid-in capital of NT$111 million, and is registered at 12F., No. 143, Fuxing North Road, Songshan District, Taipei. United Daily News reported that after joining the VASP association, the firm plans to launch all four approved business lines. The same report said the company had been listed under the previous AML compliance declaration regime, was rejected in August last year after the system shifted to registration-based review, and then passed after resubmitting its application. The current registry shows that 8 of the 11 approved VASPs hold trading platform approval. CNA reported that all currently registered VASPs must apply for a formal license within 12 months after the Virtual Asset Service Act takes effect, while the 11 firms may continue operating during the transition period.130
Bithumb2026-09-29 09:44:25Bithumb updates VASP system to integrate CODE Travel Rule solutionSouth Korean crypto exchange Bithumb said it has completed an update to its Virtual Asset Service Provider, or VASP, system and integrated the CODE Travel Rule solution, according to an announcement cited by Techub News. The exchange said the change is intended to strengthen its compliance capabilities for anti-money laundering and counter-terrorist financing rules. Under the Travel Rule, VASPs are required to share information on both sides of a virtual asset transfer. Bithumb said the system update will help it process transactions that meet regulatory requirements more efficiently. The report also noted that CODE is one of the solutions recognized by the Korea Financial Intelligence Unit, or KoFIU. The announcement centers on compliance infrastructure rather than a product launch or token-related change, and frames the update as part of Bithumb’s handling of regulated virtual asset transfers in South Korea.170
Taiwan2026-09-29 09:20:33Taiwan plans October rollout for crypto transfer rule, with extra data required for transactions above NT$30,000Taiwan’s Financial Supervisory Commission is preparing to roll out the first phase of its crypto transfer rule, or Travel Rule, in October 2026. The initial phase will apply to transfers between domestic virtual asset service providers (VASPs) in Taiwan. Under the plan, exchanges must transmit sender and recipient information regardless of transfer size. For single transfers above NT$30,000, individual users will need to provide two additional pieces of information: date of birth and residential address. Corporate entities will need to provide an official identifier and registered address. The rule is based on Financial Action Task Force standards and is meant to extend bank-style sender and recipient identification requirements to virtual asset transfers, where blockchain records typically show wallet addresses but not the identities behind them. Taiwan-based firms including KryptoGO and XREX have outlined how user checks and platform-side verification may work once the rule takes effect. Transfers to overseas exchanges are not part of the first phase. That second stage is expected by the end of 2027, according to the FSC’s current plan. The exact implementation date still depends on the regulator’s formal announcement.170
South Korea2026-09-22 10:06:14South Korea’s FSC says Digital Asset Framework Act will go to parliament committee in NovemberSouth Korea’s Financial Services Commission said the Digital Asset Framework Act will be submitted in November for review by a committee under the National Assembly, pushing back on claims that the country’s second phase of crypto legislation has been delayed. Seo Na yoon, director of the FSC’s Digital Asset Bureau, said preparations for the bill are moving ahead on schedule. The proposed law is intended to set up a broader regulatory framework for South Korea’s crypto sector, covering investor protection, market oversight, and operating standards for virtual asset service providers, or VASPs. The move is described as a deeper step in the country’s crypto regulatory effort following the implementation of the Virtual Asset User Protection Act.960
Brazil centra2026-09-14 08:11:23Brazil Central Bank Sets Much Higher Capital Floor for VASPs in Final RulesBrazil’s central bank has set a sharply higher minimum capital requirement for virtual asset service providers, or VASPs, in its final rulebook. The threshold now ranges from about 10.8 million to 37.2 million reais, depending on business scope and risk, equivalent to roughly $2.11 million to $7.2 million. That is well above the 1 million to 3 million reais range proposed in the public consultation draft, or about $195,000 to $586,000. The final framework also adds requirements covering governance, internal controls, anti-money laundering measures, audits, and ongoing reporting. Industry estimates cited in the report put the current number of related companies in Brazil at around 150 to 300. Of those, only about 20 to 25 are seen as either capable of meeting the standards or willing to apply. The report says the number that may ultimately secure a license could be closer to 10. Some smaller platforms have already shut down their retail businesses or restructured those operations as the higher compliance burden takes shape.950
Brazil Centra2026-09-14 07:51:07Brazil central bank raises VASP licensing capital threshold, industry expects only about 10 approvalsBrazil’s central bank has set much higher capital requirements for virtual asset service providers under its final licensing rules, lifting the minimum threshold to roughly 10.8 million to 37.2 million Brazilian reais, or about $2.11 million to $7.2 million, depending on business model and risk. That compares with 1 million to 3 million reais, or about $195,000 to $586,000, in the earlier consultation draft. The final framework also adds requirements covering governance, internal controls, anti-money laundering procedures, auditing and ongoing reporting. Industry estimates cited in the report put the number of existing related companies in Brazil at around 150 to 300. Of those, only about 20 to 25 are seen as either qualified or willing to apply for a license, and the final number of approvals may end up at roughly 10. Some smaller platforms have already ended or restructured their retail businesses as the bar for compliance rises.1140
ETH Taipei 202026-09-14 05:21:00Jamie Lin lays out Crypto Island Taiwan vision at ETH Taipei 2026At ETH Taipei 2026, Taiwan Mobile President Jamie Lin used the opening session of day two to outline what he called Taiwan’s crypto adoption vision, tying Ethereum’s role to real-world asset tokenization, institutional entry and regulatory alignment. Speaking during the event’s first institution-focused program, where most sessions were presented in Chinese and centered on custody, RWA and financial-institution use cases, Lin argued that blockchain infrastructure should not be limited to trading crypto assets alone. He said the bigger opportunity lies in bringing broader categories of global assets on-chain. Lin compared the crypto market’s roughly $2 trillion size with the global stock market at about $150 trillion and the bond market at around $350 trillion. He described compliance, including anti-money laundering and governance, as a necessary step for industry maturity and said regulation itself can function as a kind of protocol that creates trust and operational stability. He also framed Internet, blockchain and AI as the three core technologies behind what he called “Finance 2.0.” On Taiwan, Lin said the market remained resilient after the FTX collapse and continued to push governance and legal compliance. He pointed to more than $600 billion in active foreign trade, over 10 compliant VASPs and a top-tier technology talent base as strengths. He added that active crypto users in Taiwan are only about 5% today, with room to rise to 10% to 20%.920
Policy and Re2026-09-09 08:34:42Taipei Exchange to host virtual asset forum on Nov. 11 with MaiCoin and BitoPro speakersThe Taipei Exchange said it will hold a virtual asset forum in Taipei on Nov. 11, 2026, with online registration opening on Sept. 7. The event will be held under the guidance of Taiwan’s Financial Supervisory Commission and jointly organized by the Taipei Exchange, Taiwan Stock Exchange, Taiwan Futures Exchange, Taiwan Depository & Clearing Corporation, and the Virtual Asset Service Providers Association of the Republic of China. The program includes two keynote sessions and a panel discussion focused on Taiwan’s regulatory path for virtual assets, trading practices and risks, and the challenges facing the domestic market after the passage of the Virtual Asset Service Act on June 30, 2026. National Taiwan University law professor Yueh-Ping Yang is scheduled to speak on the development of Taiwan’s virtual asset regulatory framework, while MaiCoin Group general manager Ming-Hui Chen will discuss exchange operations, liquidity management, product design, user services, and trading-related risks. The closing panel will bring together representatives from prosecution, the crypto industry, digital finance, and banking, including BitoPro founder and CEO Kuang-Tai Cheng and KGI Bank senior vice president Chih-Jung Chen.980
