Taiwan to Enforce Crypto Travel Rule for Domestic Exchange Transfers in October
- —Phase one covers only transfers between Taiwan-based VASPs such as MAX and BitoPro
- —Above NT$30,000, individuals provide date of birth and address; legal entities provide registration number and address
- —Even below the threshold, platforms must transmit names and wallet addresses of both parties
- —Transfers to overseas exchanges will be regulated only under phase two by end-2027
Why it matters: Taiwan is tightening crypto transfer oversight under the FATF standard, raising KYC requirements for local users and making anonymous transfers harder.
Source: 動區 BlockTempo