Taiwan VASP Hong Zhu Digital Announces Closure by the End of January 2026, Reflecting Rising Regulatory Costs and Accelerating Market Concentration, the Domestic Cryptocurrency Industry Officially Enters the Compliance Elimination Race.
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Just obtained a virtual asset license! Hong Zhu HzBit announces suspension of operations today, leaving only 8 VASP providers in Taiwan.
Taiwan VASP Hong Zhu Digital Announces Closure by the End of January 2026, Reflecting Rising Regulatory Costs and Accelerating Market Concentration, the Domestic Cryptocurrency Industry Officially Enters the Compliance Elimination Race.