Taiwan FSC commot CoinWorld and CoinW com dia compliant crypto exchange list afta AML wahala
Taiwan Financial Supervisory Commission (FSC) don make dia regulation for crypto sector strong well-well. Dem remove CoinWorld (wey 尹天下国际顾问管理公司 dey manage) and CoinW (币想科技) from dia official list of virtual asset service providers (VASP) wey follow dia rule. Dem do dis after pipo talk say CoinW dey do fraud and money laundering, and because di whole industry want dia anti-money laundering (AML) and regulation control to be tight pass. CoinWorld, wey dem bin see as platform wey dey follow rule for trading and keeping crypto, dem don ban am now, e no fit offer crypto services online or offline for Taiwan again. FSC talk again say all VASP must follow dia rules for AML, counter-terrorism financing (CFT), anti-proliferation (CPF), consumer protection, and anti-fraud strictly, or dem go comot dem straight and stop dia work. Di way dem comot CoinWorld and CoinW for di same time show say FSC dey serious to protect investors and fight bad-bad things, e still show say dem go dey look pipo pass and di crypto trading for Taiwan fit no stable. Dis tin fit affect VASP license, how shure dia work be, and di market for town, especially as traders dey react to di high regulation wahala.
Bearish
Wen dem comot CoinWorld and CoinW from Taiwan correct crypto exchange list, e show say di government serious well well with how dem wan regulate plus control money laundering. For traders, dis mean say di number of place dem fit trade local don reduce, and di kain wahala wey go dey for both di exchanges and users go increase. When dem do dis kain regulatory tin, market normally go shake small small for short time, and investors mind fit no too strong again, making everybody cautious. For long time, if dem watch well, e fit make investors safer, but for now, di way people feel about trading for market no good, and people fit carry money comot or no trade much inside the local crypto market.