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Taiwanese financial authorities prepare STO legal framework until June

Taiwan Financial Supervisory Commission (FSC) has announced that it will establish a new funding structure by the end of June this year, including the legal framework for securities token STO.

The FSC plan is to establish a concrete legal framework by the end of June, after a forum to hear opinions from industry experts at the end of April to build a new legal framework. The FSC said that STOs are not limited to existing transactions but can do other transactions, and that STO will become a new product in the next generation capital market and will affect Taiwan’s new creative team in the global market within the next 5 to 10 years.

Taiwan FSC announced its policy outline last October and announced that it will announce ICO regulations until June this year. For more information, please click here .

lswcap

lswcap

Through the monthly AHC PC and HowPC magazine era, he has watched 'technology age' in online IT media such as ZDNet, electronic newspaper Internet manager, editor of Consumer Journal Ivers, TechHolic publisher, and editor of Venture Square. I am curious about this market that is still full of vitality.

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