Tajikistan vs Taiwan
Crypto regulation comparison
Tajikistan
Taiwan
Tajikistan has restricted cryptocurrency activities. The National Bank has warned against crypto use and financial institutions are prohibited from dealing in digital currencies.
Taiwan regulates cryptocurrency under FSC guidance. In 2023, the FSC was designated as the primary regulator for virtual assets. VASPs must register and comply with AML regulations. Taiwan has a vibrant crypto community and several compliant exchanges. Crypto income is subject to income tax at progressive rates.
Key Points
- National Bank has warned against cryptocurrency use
- Financial institutions prohibited from dealing in crypto
- No specific comprehensive crypto legislation
- Crypto not recognized as legal tender
- Limited crypto infrastructure
Key Points
- FSC designated as primary crypto regulator in 2023
- VASPs must comply with AML/CFT rules and register with the FSC
- Self-regulatory guidelines issued for VASP industry (2023-2024)
- Crypto income taxed at progressive rates (5-40%)
- Major exchanges include MaiCoin/MAX, BitoEX/BitoPro