Taiwan FSC Greenlights Foreign Crypto ETFs for Professional Investors
Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...
Taiwan’s financial regulator, the Financial Supervisory Commission (FSC), made an official decision on September 30, allowing foreign cryptocurrency exchange-traded funds (ETFs) to be accessed by professional investors.
This move opens a new avenue for institutional and high-net-worth individuals, recognized based on their financial expertise, to invest in foreign crypto assets while remaining in compliance with strict regulatory guidelines.
According to the FSC’s latest policy, foreign crypto ETFs are restricted exclusively to professional investors, which includes institutional investors, high-net-worth individuals, and those with recognized financial expertise.
The FSC emphasized that local brokers and securities firms are required to conduct thorough assessments to ensure that their clients possess the necessary experience and knowledge before investing in these ETFs.
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