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In the ever-evolving landscape of digital finance, regulatory milestones are pivotal in shaping the trajectory of virtual assets and their purveyors One such noteworthy development has seen Bybit, a prominent entity in the realm of digital currencies, successfully register as a virtual asset service provider This accomplishment was facilitated by a legislative framework introduced in July, highlighting a significant step forward in integrating the burgeoning sector of cryptocurrencies within regulated perimeters This article delves into the implications of Bybit's registration, exploring how legislation influences the digital asset space and what this signifies for the future of digital currency exchanges The Significance of Bybit's Registration In the context of digital assets, the registration of Bybit as a virtual asset service provider is a landmark event...

Diving Into the Digital: Taiwan's Telecom Giant Makes a Major Crypto Move In an era where cryptocurrency continues to redefine the boundaries of digital finance, a powerhouse in the telecom sector, Taiwan Mobile Co Ltd , takes a significant leap into the future This prominent telecom operator, housed under the banner of Fu Sheng Digital Co Ltd, has recently marked its entry into the cryptocurrency sphere by becoming a Virtual Asset Service Provider (VASP) A Milestone Achievement On a notable day, July 5th, Taiwan Mobile added a major feather to its cap by joining the ranks as the 26th entity to be recognized as a VASP member by the Financial Supervisory Commission (FSC) of Taiwan...