🇹🇼 Taiwanese lawmaker proposes new business category for crypto startups

Taiwanese legislator Jason Hsu published a list of policy recommendations aimed at helping crypto startups, including one that would see the Ministry of Economic Affairs (MOEA) create a new business category and a new legal framework for security tokens. Hsu also called for the Taiwanese legislature's Finance Committee to issue guidelines for initial coin offerings (ICOs) with a focus on consumer protection. His proposal comes just days after the nation's financial regulator announced it would setup ICO regulations within the next eight months.