Taiwan's crypto industry has officially reached a historic moment! The Financial Supervisory Commission (FSC) announced today the official launch of the "Virtual Asset Services Industry Registration System" and issued the first batch of business licenses to businesses. HOYA BIT Cryptocurrency Exchange, having secured compliance with the "Anti-Money Laundering Statement" prior to its launch, has been included in the first batch of approved legal trading platforms. This marks a new chapter for the Taiwanese market, transitioning from the "Anti-Money Laundering Statement" to a "full registration system," marking the industry's entry into a phase of institutionalization and long-term development.
The system is implemented and the industry is officially moving towards the mainstream
Over the past two years, the Financial Supervisory Commission (FSC) has used the Anti-Money Laundering Statement mechanism to allow nine qualified businesses to operate within the regulatory framework. This new registration system further integrates the system into the comprehensive financial regulatory framework, providing stricter protections for investor rights and capital security. Peng Yunxian, founder of Heya Digital Technology, stated, "The registration system is not just a regulatory upgrade; it's also a building of trust. It brings the crypto industry from the periphery to the core of the financial system, and allows assets to be safely adopted under compliant regulations."
Peng Yunxian, founder of Heya Digital Technology, further stated, "Over the next five years, Taiwan will see two major trends: first, the accelerated adoption of stablecoins and cross-border payments; second, the tokenization of real-world assets (RWA) becoming a key tool for corporate fundraising and sustainable finance. Taiwan has a huge demand for cross-border trade and a highly mature financial system. By integrating blockchain, it has the opportunity to become an innovation hub for digital assets in Asia."
HOYA BIT Exchange's differentiated advantages rely on three strategies to break investment fears
As numerous platforms compete for market share in the compliance era, HOYA BIT Exchange focuses on three core pain points for investors: "threshold, fear, and insecurity," creating a comprehensive cryptocurrency exchange that is most suitable for beginners.
- The first strategy is to lower the barrier to entry: HOYA BIT supports direct cryptocurrency purchases with New Taiwan Dollars (NTD). Unlike international exchanges, which require converting funds into US dollar stablecoins (USDT, USDC) before purchasing, this reduces the process for investors and saves them from fees and exchange rate fluctuations. The platform has lowered the investment threshold to just NT$300, the equivalent of a movie ticket, making it easy to start investing in digital assets. HOYA BIT also features an instant exchange mechanism, allowing orders to be processed in just one second, making the process as intuitive as online shopping, making it easy for even novice investors to purchase. Furthermore, the trading depth rivals that of international exchanges, creating a zero-slippage trading environment. Whether buying NT$300 or NT$3 million, the transaction price is the same, eliminating the need for large orders that drive up costs.
- The second strategy is to "break fear." Many investors are skeptical about cryptocurrency, fearing shady transactions or potential scams. HOYA BIT was one of the first exchanges in Taiwan to assist the National Police Agency in refunding fraudulent funds. To date, it has successfully handled over 30 cases, returning nearly NT$10 million. The platform implements rigorous procedures from the moment registration begins, from identity verification to transaction monitoring, proactively blocking suspicious funds and establishing a solid anti-fraud defense for investors.
- The third strategy is to build a sense of security: HOYA BIT has partnered with Far Eastern Bank to place 100% of its New Taiwan Dollars in trust and has implemented the internationally recognized Fireblocks wallet framework. HOYA BIT has also obtained ISO 27001 international security certification and offers live customer service and an official LINE community, ensuring investors receive assistance at any time, eliminating the dilemma of finding help nowhere else on international platforms.
Peng Yunxian, founder of Heya Digital Technology, emphasized, "Our goal isn't to encourage investors to blindly chase market trends. Instead, we're building a sense of security and confidence step by step, so that the public can believe this is a market worth participating in long-term."
The system has been implemented and history has turned. Heya will spare no effort to write a new chapter in digital finance.
Peng Yunxian, founder of Hoya Digital Technology, said: "The registration system isn't an end point, but a new starting point. It allows Taiwan's crypto industry to truly stand on the international stage and, for the first time, allows investors to embrace the future with peace of mind, backed by a compliance system. From today, Taiwan is no longer just a follower, but a participant, and may even become a leader. Every investor is a witness to this new era. When we look back, this moment will be seen as one of the most important milestones in Taiwan's digital financial history."
The article "Virtual Asset Services Act Takes Effect! HOYA BIT Included in First Batch of Licensed Operators, Revealing Industry Vision and Strategic Layout" originally appeared on ABMedia ABMedia .
