2025 Virtual Derivation Products Forum》Taiwan's Encryption "Deep Water Bomb", Legislator: If Derivations are not opened, foreign operators will not come.

The "Virtual Asset Future 2025 – Derivatives Supervision Policy Forum" focused on the virtual asset law and derivatives, and the two legislators called on the FSC to accelerate its opening-up, and the industry hopes to gain development space in the regulatory deep-water area. (Summary: Taiwan's first case" Fubon listed in August into the bitcoin ETF fund "dual-core strategic multi-asset ETF") (Background supplement: comment" The United States is ready to strangle the issuance of CBDCs, why is Taiwan's central bank impatient? The "2025 Virtual Asset Future - Derivatives Supervision Policy Forum" held in Taipei today (8th) pushed Taiwan's virtual asset supervision to the most difficult issue, derivatives. Zhang Senxiong, secretary-general of the Virtual Currency Business Association of the Republic of China, and legislators Ge Rujun and Huang Shanshan pointed out in their speeches in the first half that the draft law is about to enter the Legislative Yuan, and whether virtual asset derivatives can be included in the regulation will determine Taiwan's positioning in the global fintech map. Regulatory Stage 4: Derivatives Zhang Senxiong pointed out that Taiwan is entering the era of dictatorship after experiencing the grafting of money laundering prevention laws, self-discipline and registration systems of associations. He cautioned that if the provisions lack a "developmental" perspective, the industry may be forced to narrow. He used "finance as a beacon" as a metaphor for legislative roles, calling for a balance between risk management and market dynamism. Looking back at the supervision path of the FSC, Zhang Senxiong designated derivatives as the fourth stage of supervision, starting from the grafting of money laundering prevention and control, and then advancing to the self-discipline of associations and the registration system of the washing prevention law all the way to derivatives, which is a "deep water area". He stressed that in the future, special laws should leave room for industry innovation, rather than only taking regulation as the starting point, in order to avoid the migration of operators. He encouraged the industry and regulatory authorities to move forward hand in hand with "the spring breeze is proud of the horseshoe disease, all the way to the road of prosperity" Legislator Ge Rujun: Destigmatization, allowing qualified investors to enter the market Ge Rujun affirmed that the FSC's attitude is gradually opening up, and strongly called for "de-stigmatization". He pointed out that the Executive Yuan has approved six financial holdings or banks to set up crypto business on a trial basis, and the re-commissioned investment of overseas bitcoin ETFs has also been officially opened. He bluntly said: "By re-entrusting investment in overseas bitcoin ETFs, you can directly reduce the room for fraud." Next, he hopes that the FSC will allow local players to issue bitcoin ETFs and open banks to provide crypto asset custody to form a complete ecosystem. Legislator Huang Shanshan: Without derivatives, overseas companies will not land Huang Shanshan used the experience of the Taipei municipal government to introduce blockchain to manage medical records and insurance claims, proving that financial technology can touch people's livelihood scenarios. She stressed that the current washing and prevention law only sets various thresholds for operators, but does not allow derivatives, which is difficult to support the normal profitability of high-cost crypto operators. Huang Shanshan said bluntly: "If the special law only restricts the trading of spot goods, but does not allow derivatives, then the industry will not choose Taiwan." She believes that if the special law lacks derivatives provisions, Taiwan will be at a disadvantage in regional competition. In addition, she hopes that the Executive Yuan will send the draft law on virtual currency dealers to the legislature by September. Asia's Proximity Market Has Taken the Lead! Taiwan can no longer wait Compared with the Hong Kong Securities and Futures Commission, which has issued guidelines for brokerage platforms, and Vietnam's new law in 2026 explicitly includes crypto derivatives, Taiwan still lacks a detailed framework. Zhang Senxiong warned that if the regulation is not clear, funds and talents may flow out; Conversely, transparent AML norms can increase institutional investor confidence. At the end of the trio's speech, Zhang Senxiong described the responsibility of crypto financiers as a "conscientious cause". Ge Rujun outlined an ecological blueprint combining AI and the "Republic of Chain", which will realize the financial market in the future. Huang Shanshan is very pragmatic and expects to let the industry "see profit margins". The consensus of the three is that as long as derivatives are properly managed, Taiwan's conditions can occupy a place in the global digital finance competition. Related reports Trump said that the 12-nation tariff notification letter will be sent next Monday, Zhuo Rongtai: Priority to protect Taiwan's sensitive products, negotiations in progress Commentary" The United States is ready to strangle the issuance of CBDCs, why is Taiwan's central bank impatient? V God: Taiwan, World ID's single ZK identity is risky, must move towards multiple digital identities (2025 Virtual Derivatives Forum) Taiwan's encryption "depth bomb", legislator: do not open derivatives, overseas companies will not come" This article was first published in BlockTempo "Dynamic Trends - The Most Influential Blockchain News Media".