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Taiwan Targets Mid-2026 Launch for Domestic Stablecoin Under New Regulatory Framework

Taiwan Targets Mid-2026 Launch for Domestic Stablecoin Under New Regulatory Framework

Published:
2025-12-04 04:35:02
20
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BTCCSquare news:

Taiwan is poised to introduce its first domestic stablecoin by mid-2026, marking a significant step in formalizing its digital asset ecosystem. Financial Supervisory Commission (FSC) Chairman Peng Jin-lung confirmed the timeline during a legislative session, emphasizing the regulatory milestone this represents for VIRTUAL asset oversight.

The FSC will submit draft legislation for virtual asset service provider regulation this week, with potential enactment by early 2025. "This framework will bring clarity and security to market participants," Peng stated, outlining requirements for licensing, capital reserves, and anti-money laundering controls.

Initial issuance will be restricted to licensed financial institutions under a joint framework developed by the FSC and central bank. The agencies are finalizing reserve requirements and audit protocols to ensure investor protection while fostering innovation.

|Square

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