Search results for "PENG"

Taiwan Stocks Poised for "One Share ( 1000 Shares ) Changed to 1 Share" to Align with International Standards? FSC Commits to Reform Report Within One Month

The Financial Supervisory Commission (FSC) Chairman Peng Chin-lung announced that it will initiate an assessment of transitioning from the "thousand-share unit system to single-share unit system," with a commitment to submit a report within one month to address the investment threshold issues for retail investors. The current "one thousand shares per lot" system makes it difficult for small investors to participate and creates a gap with international standards. While the U.S. stock market uses "single shares" as the trading unit and supports fractional share trading, the system conversion faces challenges such as system upgrades and the need to rebuild investor habits.
ONDO5,93%
動區BlockTempo·03-26 03:05

Virtual Assets Special Law Listed as Priority Legislation! Peng Jinlong: Custody Guidelines to be Established Within 6 Months, Offshore Exchange Operators to Land Through 2 Pathways

Taiwan's virtual asset regulatory framework is accelerating its formation. The Financial Supervisory Commission stated that the draft "Virtual Asset Services Act" has completed its review and plans to submit it to the Legislative Yuan in the current session. The legislation will introduce asset trust and segregated management mechanisms to strengthen investor protection, and will gradually open banking participation in virtual asset custody services. Nineteen banks have expressed interest, with five currently approved for pilot programs. As the regulatory system continues to improve, Taiwan's virtual asset market's legal framework is gradually being established.
区块客·03-25 08:25

Virtual Assets Special Law Listed as Priority Legislation! Peng Jinlong: Custody Guidelines to be Established Within 6 Months, Offshore Exchange Operators to Land Through 2 Pathways

Taiwan's virtual asset regulatory framework is accelerating its formation. The Financial Supervisory Commission stated that the draft "Virtual Asset Services Act" has completed its review and plans to submit it to the Legislative Yuan in the current session. The legislation will introduce asset trust and segregated management mechanisms to strengthen investor protection, and will gradually open banking participation in virtual asset custody services. Nineteen banks have expressed interest, with five currently approved for pilot programs. As the regulatory system continues to improve, Taiwan's virtual asset market's legal framework is gradually being established.
区块客·03-24 08:21

Taiwan's Cryptocurrency-Specific Law to be Submitted to Legislative Yuan This Session, Peng Jinlong: Formal Guidelines to be Established Within Six Months, Two Landing Channels for Offshore Exchanges to be Opened

The Financial Supervisory Commission (FSC) Chairman Peng Chin-lung confirmed in the Legislative Yuan that the draft Virtual Asset Service Act has passed the Executive Yuan's review and will be submitted to the Legislative Yuan this session. Nineteen banks have expressed interest in participating in virtual asset custody, and formal guidelines will be formulated within six months. Simultaneously, two legal pathways for regulating offshore exchanges have been proposed, and a cautious stance is being taken toward virtual asset derivatives products, with consideration for opening them only after operators demonstrate adequate capital and risk control capabilities.
動區BlockTempo·03-23 07:51

Eliminating Regulatory Blind Spots! Peng Jinlong: Two Methods to Regulate Offshore Crypto Traders, Virtual Asset Services Act Listed as Priority Legislation

The Legislative Yuan's Finance Committee discussed a draft Virtual Asset Service Law, focusing on the regulation of offshore virtual currency exchanges. Financial Supervisory Commission (FSC) Chairman Peng Chin-lung stated that the draft requires offshore virtual asset service providers to establish branch companies or branch offices in Taiwan and can no longer enjoy exemption from liability. Taiwan has only 8 legally compliant virtual asset service providers, yet 30 offshore exchanges operate without supervision, creating risks for investors. The specialized law will establish regulations addressing core issues including business supervision, fraud and theft prevention, and risk disclosure.
ChainNewsAbmedia·03-23 07:25

Legislator Asks "Who Is Responsible If Financial Institutions Raise Lobsters?" FSC: AI Agents Will Be Included in Supervision

Legislator Lai Shih-pao questioned the Financial Supervisory Commission (FSC) in the Legislative Yuan regarding liability issues surrounding AI proxy tool OpenClaw. If financial institutions make errors in AI automated trading, how should responsibility be determined? FSC Chairman Peng Chin-lung stated that if it affects operational safety, it will be included in regulatory oversight. The FSC will develop guidelines for AI technology in the future, but careful research is required. Lai Shih-pao also mentioned that China has already released similar safety manuals, calling on the FSC to similarly require financial institutions to provide safe operation instructions.
動區BlockTempo·03-20 10:25

Tencent "Periscope": $700 Million Lesson, the "Old Narrative" in the Crypto Market Is Dead

Tencent Finance "Periscope" By Xie Zhaoqing Edited by Liu Peng The cryptocurrency market has retraced all the gains brought by Trump's rise to power, experiencing an epic crash that has once again turned the word "risk"—temporarily forgotten by greed—into its most ferocious form, glaring at all investors. Last week, Bitcoin experienced its largest single-week decline in three years. February 5th became an unexpected day for crypto market investors: Bitcoin dropped 13% that day, marking the largest single-day decline since June 2022, and briefly fell below $61,000 in the early hours of February 6th. During this intense correction, veteran crypto trader Yi Lihua liquidated 400,000 Ethereum within a week, suffering a loss of $700 million, making him the top "whale" ruthlessly hunted during this round of plummeting. This sharp correction caught the market off guard, including long-term bullish "steadfast holders." Even more troubling, many long...
BTC4,96%
ETH6,81%
PANews·02-09 06:37

Crypto giants fiercely debate 2026: Is BTC no longer rising? Is the next big wealth opportunity in the "prediction market"? | MyToken AMA Recap

Opinions clash fiercely—some watch cautiously, while others have already bet on new tracks. At the start of the new year, Bitcoin repeatedly fluctuated around the $90,000 mark. Is this a prelude to a bull market gathering strength, or a sign of waning momentum? Faced with a potentially unpredictable 2026, how should ordinary investors position themselves? Recently, the well-known blockchain data platform MyToken held an online AMA titled “2026 Gold Rush Guide – Is BTC Truly Breaking Through & How to Strategically Position for the Market and Hot Tracks.” The guest lineup was luxurious, engaging in in-depth debates on the market trends at the beginning of 2026, potential risks, and popular tracks. Guest Introduction Peng Song: Early evangelist of Dogecoin, deeply involved in DeFi and Ethereum fork ecosystems. Currently fully dedicated to building the next-generation decentralized prediction protocol, aiming to create a permissionless platform where everyone can monetize their knowledge.
BTC4,96%
ETH6,81%
SOL7,51%
BNB3,61%
TechubNews·01-09 04:56

Financial Supervisory Commission's Peng Jinlong hints: The 15 yuan transfer fee for banks, unchanged for 12 years, may be reduced

Taiwan Financial Supervisory Commission Chair Peng Jinlong hinted at reviewing the NT$15 interbank transfer fee, which has remained unchanged for 12 years, with the possibility of lowering the rate. (Background recap: The 2025 review of stablecoins: You are in the Red Chamber, I am in Journey to the West) (Additional context: China's authorities have made their first official statement on stablecoins, marking the end of the gray era of StableCoin speculation) The NT$15 fee for each interbank transfer in Taiwan has been maintained for 12 years. During a question session at the Legislative Yuan Finance Committee on the 7th, FSC Chair Peng Jinlong stated that there is "reasonable room for discussion," indicating that the regulatory authority is open to reviewing the fee rate for the first time. > We will consult with the Financial Information Service Co. to understand whether there is room for adjustment in the current environment, balancing system stability and public burden. The gap between fixed fee rates and the doubling of transaction volume With technological evolution, interbank clearing is handled by the Financial Information Service Co., and automation on the banking side has significantly reduced manpower needs.
動區BlockTempo·01-07 10:04

Taiwan Signals First National Stablecoin Could Launch in Late 2026

Taiwan’s Financial Supervisory Commission announced on December 3, 2025, that the country’s first stablecoin will likely debut in the second half of 2026, provided lawmakers give their approval. FSC Chairman Peng Jin-long presented the timeline during a legislative hearing, emphasizing that the
ICOHOIDER·2025-12-04 13:12