Virtual asset activities involving securities are overseen by securities regulatory authorities, while payment, settlement, and custody services for non-securities virtual assets are regulated by the central bank. The central bank will also establish a virtual asset office and launch a regulatory sandbox. Meanwhile, tax authorities plan to develop specialized tax policies for the virtual asset industry. The committee is required to complete the implementation framework within 30 days, and the government is also drafting a virtual asset white paper. (Bitcoincom)