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Taiwan’s financial watchdog greenlights foreign crypto ETFs for pro investors

Taiwan's Financial Supervisory Commission (FSC) has announced that professional investors in the country are now allowed to invest in foreign virtual asset ETFs through a re-entrustment method. This decision is part of the FSC's efforts to diversify product offerings and boost the re-entrustment business of securities firms. However, due to the high investment risks associated with crypto-related ETFs, the offering is limited to professional investors such as institutional investors, high-net-worth legal entities, and experienced high-asset clients. Securities firms are also required to establish a virtual asset ETF product suitability system and provide education and training on virtual assets to ensure comprehensive product understanding. Non-professional institutional investors must sign a risk disclosure statement before making their first investment.

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