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Bitcoin ETFs: Taiwan Takes Caution Despite Global Frenzy, Citing Crypto Volatility

Taiwan is cautiously approaching the introduction of cryptocurrency exchange traded funds (ETFs), with the Financial Supervisory Commission (FSC) indicating a need to closely monitorglobal trends in the crypto market. What Happened: The FSC has noted the significant price volatility in cryptocurrencies and virtual currencies, noting that many countries are still in the process of exploring appropriate regulatory frameworks. The commission plans to thoroughly research and analyze the development of foreign cryptocurrency futures products and ETFs before considering any relaxation of regulations…