The regulator has allowed eligible banks in the Kaohsiung Special Zone to offer foreign virtual asset ETFs through trust services.

On 10 November, Taiwan’s Financial Supervisory Commission (FSC) has announced a series of measures in response to the investment needs of high-net-worth individuals (HNWI), including the sale of foreign virtual asset exchange-traded funds (ETFs) through trust services. The revised rules allow banks to distribute overseas virtual asset ETFs to HNWI via trust-based services The regulator stated that the measures, which took effect on 11 November, will initially apply only within the Kaoh