Taiwan VASP Special Zone Debuts at the Gold Expo! 9 cryptocurrency trading companies gather to move towards a compliant anti-fraud era

Taipei International Finance Expo 2025 at Taipei World Trade Center features the first dedicated VASP zone, with nine legitimate operators showcasing together, highlighting Taiwan’s virtual assets moving toward compliance and a new phase of anti-fraud measures. (Background: HOYA BIT’s new regulations: users can only withdraw tokens to compliant VASPs and the top 30 CMC exchanges in Taiwan) (Additional context: Taiwan’s Central Bank states “Stablecoins are subject to monetary regulation,” and the draft of the VASP special law has been submitted for review by the Executive Yuan)

The Taipei World Trade Center hosted the 2025 Taipei International Finance Expo from July 7-9, marking the first time a dedicated “Virtual Asset Service Provider (VASP)” zone was established. Nine domestic trading platforms that have completed AML registration appeared together, symbolizing that virtual assets in Taiwan have officially transitioned from innovative tech startup services to mainstream financial infrastructure accessible and overseen by the public.

Compliance Milestone: Nine Platforms All Present According to relevant regulations, the Financial Supervisory Commission (FSC) amended laws in July 2024 to strengthen AML requirements, mandating operators to complete registration by September 2025. By September 22, nine platforms had passed review:

• HOYA BIT (Hoya Digital Technology)
• ZONE Wallet (Pioneering Digital Technology)
• KryptoGO (Weight Technology)
• MaiCoin/MAX (Modern Wealth Technology)
• Taiwan Virtual Asset Exchange (Fusheng Digital)
• ATRIX (Cross-Chain Technology)
• BitoPro (Bitopro Technology)
• HzBit (Hongzhu Digital)
• XREX (LianKe)

All trading platforms in this zone are displayed collectively, providing investors with transparency by showing “all legitimate operators at once,” and allowing traditional financial institutions present to directly observe market changes.

Fraud Prevention Education: From Passive Response to Active Measures Long-term scams have hindered the widespread adoption of virtual assets. The zone features guides on “How to identify legitimate exchanges” and “Fraud prevention and safe investing,” explaining processes such as wallet address verification, KYC, and risk disclosures, with real case studies illustrating scam techniques. Industry representatives state that building trust and expanding the investor base is more important than launching new tokens. FSC officials also emphasized that platforms not registered will be listed on warning lists to alert the public.

Public interest in virtual assets is high, with active inquiries about how to identify legitimate platforms, transaction security, investment trends, and anti-fraud measures. | Photo source: VASP Association

Virtual Currency Association: The Bridge Between Industry and Regulation The Taiwan Virtual Currency Business Association acts as a “guide” within the zone. Advisor Cai Yuling noted that the association helps consolidate industry opinions to make regulatory policies more practical: “Crypto companies have navigated early exploration, overcoming challenges and gradually establishing Taiwan’s virtual asset market foundation. We highly appreciate their efforts in compliance and innovation. The association plays an indispensable role in building consensus and assisting regulators in effective oversight.”

Chairman Zheng Guangtai stated: “The ‘Virtual Asset Zone’ is not only the first collective appearance of industry players but also symbolizes a new era of unity, cooperation, and compliance in the crypto industry.”

Future tasks for the association include assisting regulators in advancing the ‘Virtual Asset Service Law’ and eight related subsidiary regulations, and working with cross-agency information-sharing mechanisms to establish a ‘Securities and Futures Anti-Fraud Consultation Hotline,’ creating a more comprehensive cross-sector anti-fraud reporting system, and enhancing industry trust and security.

Zheng Guangtai mentioned that these actions align with Taiwan’s international strategy of showcasing virtual assets and regulatory technology progress through FinTechSpace.

Taiwan Crypto Outlook: Safety and Transparency Unlock a Golden Decade The local crypto industry is optimistic that “prioritizing compliance” will drive the next wave of growth. As regulatory frameworks become more complete and educational resources reach the public, asset valuation will stabilize, and institutional funds will find it easier to enter.

Concerns over money laundering, scams, and information asymmetry are being replaced by clear rules. The VASP Association states that the public zone is just the first step; ongoing efforts by regulators, industry associations, and platform operators are essential. As safety and transparency deepen, virtual assets will no longer be on the fringe but become a new standard in Taiwan’s financial landscape.

The debut of the VASP zone highlights “compliance, education, and collaboration,” demonstrating Taiwan’s commitment to balancing financial innovation and risk management. When investors leave the expo, their perception of virtual assets will shift from price volatility to the trustworthiness of emerging systems. This cross-generational integration may herald Taiwan’s golden decade for virtual assets.

Related Reports:

• Taiwan: FSC announces first 9 compliant virtual asset service providers; 18 are blacklisted and permanently closed.
• Taiwan OTC trading is fully illegal! Experts criticize new FSC regulations as “hopeless”: VASP licenses become poison, scaring away customers.
• “Taiwan VASP Zone Debuts at the Finance Expo! 9 crypto exchanges gather, moving toward compliance and anti-fraud era.”

This article was first published by BlockTempo, the most influential blockchain news media in Taiwan.