Taiwan’s major crypto exchanges form association to advance industry interests By Cointelegraph

As Taiwan regulators prepare to lay out a crypto regulation framework in September, Taiwan’s digital asset platforms have announced the establishment of an industry association.

MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. The preparatory group for the association was formed in early September, but legally, the initiative would become effective in October after the government issues its crypto framework.