Taiwan’s legislature passed the Virtual Asset Service Act, requiring FSC approval for crypto firms and strict stablecoin rules including 100% reserve backing and audits.
$SOXL
SOXLUSDT (bull ETF leverage)
After a sharp flush, price is sitting near historical demand zone. This type of capitulation often precedes strong rebounds. If 200 holds, a bounce toward 220–240 EMA cluster is possible on momentum reversal.
#Vitalik Buterin donates ETH to Kanro
#BitMine doubles down on Ethereum
#Taiwan passes crypto regulatory law
Bitcoin might be repeating a familiar bottom structure from the previous cycle.
Back in 2022, BTC dropped nearly 20% below the 2017 cycle high before finally forming its macro bottom.
Now, Bitcoin is trading roughly 15% below the 2021 cycle high, creating a setup that looks surprisingly similar.
Nothing is confirmed yet, but the pattern is definitely worth watching.
#Taiwan passes crypto regulatory law
#AI social science research breakthrough
🔷 BTCUSDT (Macro uptrend, healthy correction)
BTC still leading the market structure.
“BTC pullback looks like a standard mid-cycle correction inside a broader uptrend. EMAs are still stacked positively on higher timeframe structure. As long as support holds, this looks more like consolidation before continuation rather than reversal.”
#Bitcoin outperforms gold prediction
#Poland rejects MiCA crypto licensing
#Taiwan passes crypto regulatory law
Fraud carries a maximum penalty of 10 years in prison and a fine of NT$200 million. The Virtual Asset Services Act elevates false fraud and market manipulation to the same level of severity as violations under the Securities Exchange Act. Platforms and stablecoin issuers now require approval from the Financial Supervisory Commission. In the future, buying cryptocurrencies in Taiwan may be less likely to result in sudden platform collapses—but the eight existing providers must reapply for licenses. Although these eight firms may continue operating for now, the Virtual Asset Services Act will transition them from a “registration system” to a “licensing system”: • Requirements for capital adequacy, internal controls, cybersecurity, and client asset segregation will be significantly raised. • Activities related to stablecoins will be subject to stricter regulations. • The transition period lasts up to 21 months; firms failing to obtain a license by the deadline will no longer be permitted to operate. The era of licensing has officially begun.
🗽 Taiwan passes law establishing regulatory framework for crypto. #regulation
Supreme Court ruling could reshape SEC power… crypto regulation about to change big time ⚖️
🚨 #Taiwan has passed a new #law establishing a #regulatory framework for #cryptocurrencies The move creates a legal #foundation for the country’s #crypto #industry and marks another step toward clearer #DigitalAssets #regulation #Markets #MarketUpdate #Trading #Investing #Finance #CryptoMarket #Blockchain #Asia #StockMarket #Bullish #bearish #GlobalTrade
That’s great news!! True to its status as a semiconductor powerhouse!! With the passage of this bill: • It significantly reduces regulatory uncertainty. • It introduces a licensing system to create a legitimate business environment. • It signals Asia’s formal entry into regulatory competition. However, this is roughly on par with what the EU’s MiCA, Singapore, Japan, and Hong Kong have already accomplished. There’s still a significant gap compared to the U.S.
