Licensing

Taiwan has approved a major new law that tightens oversight of its crypto sector and raises compliance expectations for virtual asset firms. The framework introduces licensing, stronger custody standards, reserve requirements, and harsher penalties for violations.

Crypto founders are increasingly turning to Dubai as the European Union’s MiCA framework tightens ahead of a July 1 deadline. Supporters of the move say the UAE offers faster, crypto-specific licensing and easier access to emerging markets.