Taiwan Authorises Investors to Buy US Spot Bitcoin and Ether ETFs

Taiwan’s Financial Supervisory Commission (FSC) has officially authorized professional investors to engage with “foreign virtual asset” exchange-traded funds (ETFs). In a September 30 announcement, the FSC stated that this move aims to broaden “product choices” and “open investment channels for professional investors,” enhancing Taiwan’s financial market competitiveness. The commission also indicated that it will continue to monitor the virtual asset market, emphasizing the importance of risk management and regulatory compliance. Taiwan has historically adopted a conservative approach to digital assets, such as cryptocurrencies, due to concerns about risks like fraud and volatility. The FSC has issued multiple warnings and enforced