Taiwan Urges El Salvador to Establish Virtual Asset Bureau!

The post Taiwan Urges El Salvador to Establish Virtual Asset Bureau! appeared first on Coinpedia Fintech News

The Taiwan Cryptocurrency Association has announced that it has established formal communication channels with the El Salvador Virtual Assets Bureau, the Central Bank, and the Presidential Office. The association is calling for the establishment of a Virtual Asset Bureau to ensure regulatory capabilities. This move from the association comes as regulatory bodies around the world try to get a better handle on the rapidly expanding cryptocurrency industry. The proposed Virtual Assets Bureau would help to regulate cryptocurrency trading and ensure that consumers are adequately protected.