PANews reported on October 30 that according to Juheng.com, Taiwan will implement the virtual asset platform and trading business (VASP) registration system ahead of schedule starting November 30 this year. The chairman of Taiwan’s Financial Supervisory Commission recently pointed out that currently 26 companies have obtained the Anti-Money Laundering Act Compliance Statement, and there are still 20 to 30 applications in progress. The director of Taiwan’s Inspection Bureau said that four companies were inspected last year, and four major types of deficiencies were found. Inspections are scheduled for November and December this year on six VASP practitioners.