5min chapter

Startup Island TAIWAN Podcast cover image

S1E5: Taiwan Stablecoin will Move Everyone a Step Further into the Web3 World

Startup Island TAIWAN Podcast

CHAPTER

Cryptocurrency Regulations in Taiwan

The only regulation applying for us to launch a stable coin at this time is AML, Anti-Money Laundering, KYC, Know Your Client type of regulation. So we kind of shied away from that approach because we don't think that's really what a cryptocurrency a stable coin is. And when we were looking at structuring the Taiwan dollar stable coin, we were also looking at a way of doing it that’s more akin to a shopping center card where you have a loyalty card that you collect money on. If I recall, Akio, I think the Japan example uses that type of approach, right? Correct. We can actually talk to you guys about what's

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode