The Financial Supervisory Commission in Taiwan, aka FSC, will be the main overseer of cryptocurrencies on the island, the head of the regulator said today. Taiwan FSC Will Supervise Cryptocurrencies But Not NFTs Huang Tien-mu told lawmakers in parliament that the Financial Supervisory Commission will initially be responsible for the supervision of payments and transactions, but will not cover NFTs, or “non-fungible tokens”. Huang said he would discuss the details with other government departments and “self-discipline norms” with relevant industries. Details will be announced after consultations with the cabinet, he added. Growing Buzz Around Crypto In Taiwan Like most other The post Taiwan FSC Head Says That The Regulator Will Oversee Cryptocurrencies appeared first on Cryptoknowmics-Crypto News and Media Platform .
