Taiwan\u2019s financial regulator plans to require crypto platforms to transmit customer information on all domestic platform-to-platform transfers starting in October.\u00a0<\/p>\n
On Tuesday, the Financial Supervisory Commission said<\/a> its proposed amendments would apply the Financial Action Task Force\u2019s (FATF) Travel Rule regardless of value.\u00a0<\/p>\n Transfers exceeding 30,000 New Taiwan dollars (about $930) would trigger additional data requirements, including an individual sender\u2019s date of birth and residential address, or a corporate sender\u2019s official identification number and registered address. Receiving VASPs would also be required to compare beneficiary information supplied by the originating platform with their own records.\u00a0<\/p>\n The FSC plans to extend the framework to transfers between domestic and overseas VASPs by the end of 2027.<\/p>\n Taiwan introduced Travel Rule provisions in its AML regulations in 2021 but did not implement them, citing differences among countries\u2019 regulatory requirements, incompatible information-transmission standards and difficulties connecting cross-border systems. The FSC said the proposed amendments would soon enter a 30-day public consultation.<\/p>\n The proposal comes as Travel Rule adoption advances globally but remains uneven. In July, the FATF said<\/a> 83% of surveyed jurisdictions had enacted Travel Rule legislation, up from 73% in 2025, while warning that significant implementation and enforcement gaps remained.<\/p>\n Related: <\/strong><\/em>Taiwan\u2019s legislature passes crypto, stablecoin regulations<\/strong><\/em><\/a><\/p>\n Related:<\/strong> Bitcoin price<\/a> \u00b7 BTC live chart<\/a> \u00b7 Ethereum price<\/a> \u00b7 ETH gas fee<\/a> \u00b7 Bitcoin price today<\/a> \u00b7 Top 10 cryptocurrencies<\/a><\/p>\n