Kurt Geiger emphasized that in the 2024 government policy plan, the Financial Supervisory Commission (FSC) also stated that it would open suitable banks to provide diversified investment and increase the competitiveness of international wealth management services. However, when the Bitcoin spot ETF became a new mainstream market option in the United States, the government went against the trend and ordered that virtual currency-related commodities should only accept sell orders and not accept new buy orders.
Legislator Ge Ru-Jun questions Financial Supervisory Commission: Prohibition of Bitcoin ETF Subcustody Leads to a Lose-Lose Situation, Safeguarding Investment Rights is Essential