In last decade, Crypto-Asset is far from mass-adoption because of lack of trust. Law, and the integration with current financial eco-systems, is getting comprehensive. We will soon enter to next phase of institutionalization.
Everything goes tokenized. KPMG observe that AML, issue and trading of different types of tokens will be implemented in upcoming months. As the law and financial eco-systems is getting comprehensive, we will soon enter to next phase of crypto-asset: the institutionalization. This mega trend implies challenges in different areas: Accounting, Tax, AML, Cybersecurity and Business Governance (Fork).
In our latest insights from local viewpoint, we believe Taiwan will transformed if opportunities seized. KPMG in Taiwan propose strategies include offshore token, Risk-based investor protection, and mechanism avoiding conflict-of-interest.
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