According to news on November 19, Taiwan media udn reported that Taiwan’s top financial affairs authority, the Financial Supervisory Commission, will have major reforms. The office of “Legislator” Jiang Yongchang has co-signed the “Draft Organic Law of the Virtual Assets Bureau of the Financial Supervisory Commission” Passed and submitted for first reading, it is proposed to amend the relevant provisions of the Organic Law of the Financial Supervisory Commission. The content is that in addition to the original banking bureau, securities and futures bureau, insurance bureau and inspection bureau, the virtual assets bureau will be added under the financial regulatory commission. This agency will be responsible for Supervision of virtual asset operators’ business and customer protection matters; execution of financial inspections of virtual asset operators, supervision of internal audit and internal control matters, etc.