Taiwan Mobile "Virtual Asset Exchange TWEX" announces its listing! Fubon Group is optimistic about encryption finance, and Tsai Ming-Chung demonstrates buying Bitcoin.

Taiwan's Big Brother announced the listing of its TWEX virtual asset exchange, backed by Fubon Group, aiming at newbies to easily buy bitcoin and Ethereum, emphasizing security and low threshold, and accelerating the mainstream of virtual assets in Taiwan. (Synopsis: Opinion Submission" Taiwan's encryption anti-fraud should not be partial to "corner ban": as if there are no customers there are no victims) (Background supplement: Banks can hold bitcoin in custody" FSC: Cathay Shihua, CITIC, KGI and Commonwealth Bank have applied for "virtual asset custody business") On May 22, "Bitcoin Pizza Day", which symbolizes the physical application of Bitcoin, Taiwan's virtual asset market ushered in a new member backed by Fubon Group, a wholly-owned subsidiary of Taiwan Big Brother, Fusheng Digital, Officially launched the "Taiwan Big Virtual Asset Exchange" (TWEX). Tsai Ming-chung, chairman of Fubon Group, expressed his support with practical actions and personally purchased his first bitcoin, injecting impetus into the development of Taiwan's virtual asset market. Designed for newbies: low-threshold coin purchase experience TWEX trading platform focuses on "security", "simple operation" and "small purchase" as its core design concept, reducing the difficulty of entry for novice users, and only NT$100 can purchase mainstream virtual assets such as Bitcoin (BTC) and Ethereum (ETH). The platform transaction process is simplified into three intuitive steps: "selecting coins, entering the amount, and confirming the purchase". Officially, considering the fault tolerance needs of newbies, TWEX will temporarily not open the on-chain fund transfer function in the early stage, and intimately provide simulators for trading transactions and new Taiwan dollar storage/withdrawal for users to fully practice before actual operation. In addition, users of Taiwan's Big Brother will be able to use TWEX directly through its official APP to further trade the convenience and customer gathering power of crypto coins. Fubon Group Resource Integration The key to the launch of TWEX lies in the integration of the rich resources of Fubon Group and Taiwan's Big Brother, which officially provides multiple guarantees for the safety of user assets. In terms of fund custody, TWEX introduced the fund trust account management mechanism of Taipei Fubon Bank to ensure the safety of user funds. At the technical level, the platform uses Taiwan's industry-first hardware security module (HSM) to build a completely offline cold wallet system. Through mechanisms such as multi-layer encrypted signature and distributed storage, this system realizes the "never touch the network" of the private key, which can maximize the security of user assets. Cai Mingzhong: Embracing the Web3 wave and great potential The group executives expressed optimistic views on the future of TWEX and the development of virtual assets. Cai Mingzhong, chairman of Fubon Group, said in a pre-recorded video at the press conference: "The era of Web3 has arrived." He believes that global virtual assets are gradually moving towards institutionalization and standardization, and will be deeply integrated with the traditional financial system. He personally bought the first bitcoin this time, which is not only a support for the TWEX platform, but also an expectation for the development of its crypto finance, and invites everyone to participate in this emerging trend. Lin Zhichen, chairman of Fusheng Digital, pointed out at the scene: The global virtual asset market continues to heat up, although the number of crypto participants in Taiwan has grown, but it currently accounts for only about 5% of the total population, showing that the market still has huge development potential. Lin Zhichen cited his long-term experience of holding Bitcoin since 2013 as an example to confirm the long-term investment value of virtual assets. Han Kunju, general manager of Fusheng Digital, added: The first wave of TWEX will open up transactions between Bitcoin and Ethereum, and with the three advantages of the platform: security, simplicity, and low threshold, users can "change to start, hold with peace of mind, and easily invest", and the ease of retail investors to join is the biggest optimistic point of the market. Citing data, Lin Zhichen pointed out that there are more than 220 million monthly active addresses on the global blockchain, and believes that the current development stage of virtual assets is like the early Internet, indicating huge growth space. The recent increasing openness of the U.S. government and institutional investors to virtual assets, as well as the prospect of Bitcoin as "digital gold", have injected strong impetus into the market. Related reports BitAsset announces closure! It is already the second local exchange to call closure, and the domino effect is activated? OTC trading in Taiwan is all illegal! Experts shout that the new rules of the FSC are "helpless": VASP licenses turn into poison, scaring customers away FSC: Virtual asset exchanges prohibit "cash transactions"! Only traceable cash flows such as bank remittances are allowed 〈Taiwan's Big Brother "Virtual Asset Exchange TWEX" announced its listing! Fubon Group is optimistic about crypto finance, Cai Mingzhong demonstrates the purchase of bitcoin" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".