Taiwan's first cryptocurrency trading platform established by a telecommunications company, TWEX, will officially go online and operate on May 22, 2025. TWEX is operated by FuSheng Digital, a wholly-owned subsidiary of Taiwan Mobile, with business focusing on virtual currency trading. Currently, it is only open to invited customers. The following introduces how to use TWEX and provides background information about the company and its main management team based on the official website content.
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ToggleHow to Register for TWEX
According to the official website, the basic requirements for registering for TWEX include having a Republic of China (Taiwan) ID card, a Taiwan Mobile phone number, and a bank account. Here are the registration steps.
Prepare your ID card, select from the Taiwan Mobile APP homepage -> Smart Finance -> Choose Taiwan Mobile Virtual Asset Trading Platform -> Select and enter the mobile number logged into the Taiwan Mobile APP -> Enter the one-time password (OTP) sent via SMS, which can be skipped if using mobile data -> Set a password, enter a custom password with 8 to 16 characters combining English letters and numbers, and check the agreement -> Set up an email for OTP verification -> Enter the email OTP verification code -> Complete member registration and start identity verification, which requires preparing your ID card and taking a facial photo -> After completing identity verification, a 5 to 7 working day manual review process is required, during which you can start binding your bank account for verification.
It is important to note that currently TWEX is only open to Taiwan Mobile users with Republic of China (Taiwan) nationality. One email can only register one account. It currently only allows depositing New Taiwan Dollars to purchase Bitcoin and ETH, which can only be done through online transfer or account balance. It does not provide external cryptocurrency transfer or exchange functions, only allows binding bank accounts for ATM and online transfers, and does not support bank counter transfers. The deposit limit is 1.5 million New Taiwan Dollars.
Introduction to TWEX FuSheng Digital Company
FuSheng Digital Co., Ltd. was established in October 2022. TWEX FuSheng Digital is a subsidiary of Taiwan Mobile, with main business including virtual asset trading and financial technology services. TWEX is chaired by Taiwan Mobile's General Manager Lin Zhi-chen, with Han Kun-ju, Vice President of New Technology Business Development at Taiwan Mobile, serving as the General Manager. Lin Zhi-chen founded AppWorks in 2009 and serves as Chairman and Partner. AppWorks is one of Southeast Asia's largest startup accelerators and most active venture capital institutions. Han Kun-ju's previous experience includes management positions at Sinopac Bank, CTBC Bank, PaidPay International Information, PChome Online, and serving as COO of Pi Wallet.
Risk Warning
Cryptocurrency investment carries high risks, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.
The popular game 'Fortnite' was originally preparing to return to the iOS platform but encountered another setback. Epic Games recently submitted a re-listing application to Apple, which was rejected, preventing 'Fortnite' from being listed on the US App Store and from being downloadable through Epic's own store in Europe. This incident adds fuel to the long-standing dispute between the two companies, with global iOS players being the most affected, and it is likely that they will be unable to play 'Fortnite' in the short term.
ToggleEpic Games: Apple Blocks Us, Global iOS Fortnite Players Suffer
Epic Games on Friday issued a statement on the social platform X, stating that Apple has blocked their Fortnite listing, preventing them from releasing the game on the US App Store or Epic Games Store in the EU region. The statement read: "Unfortunately, Fortnite will not be available on iOS platforms until Apple lifts the block."
This means that whether players are in the United States or Europe, if they are using an iPhone or iPad device, they currently cannot legally download or update Fortnite, causing a significant impact on the gaming community.
Apple's Response: We Didn't Remove Fortnite, Just Requested Modification of Listing Method
In response to Epic's allegations, Apple issued a statement later the same day, saying they did not actively remove Fortnite, but requested that Epic Sweden (Epic's Swedish branch) resubmit the game version without the US App Store listing content.
Apple stated: "We only asked Epic to remove the US version to avoid affecting Fortnite's distribution in other regions."
After Court Ruling, Epic Attempts to Return to App Store
Epic's current app submission is based on a court ruling favorable to them. About a month ago, a US judge ruled that Apple cannot charge commissions on transactions using payment methods outside the App. This ruling prompted Epic to attempt to return to the App Store, but they were unexpectedly blocked by Apple.
Fortnite was originally removed from the App Store in 2020 because Epic added external payment links, attempting to bypass Apple's 30% commission mechanism, which has led to a legal battle that continues to this day.
EU Could Play Before, But Now Also Blocked?
Although Fortnite has been available for download through Epic's iOS digital store in Europe since 2023, thanks to the EU Digital Markets Act (DMA) allowing third-party app stores to operate legally, Epic states that even their own platform in the EU region can no longer distribute Fortnite.
This raises questions about whether Apple is indirectly blocking Epic's game distribution through technical or regulatory restrictions.
Developer's Voice: Apple Controls Too Much, Unfair to Game Companies
Gabriel Le Roux, CEO of payment infrastructure startup Primer, told CNBC that Apple's control over the App Store is too strict, making it difficult for developers to monetize and expand their market.
"For game companies, the economic pressure is especially huge. They often have slim profits, high customer acquisition costs, and must constantly attract users back, only to have 15 to 30% commission taken from each transaction, which directly destroys their profit model," Le Roux said.
Conflict Continues, Epic and Apple's Tug of War Persists
From the 2020 removal to the latest app submission block, the war between Fortnite, Epic Games, and Apple has been ongoing for nearly five years. As regulations and market environments change, this battle between tech giants is far from over.
For global Fortnite fans, they may only be able to temporarily leave the battlefield and wait for the next round of confrontation between the two companies.
Risk Warning
Cryptocurrency investment carries high risks, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.
