Taiwan Passes Sweeping Crypto Law With Licensing, Stablecoin Rules
The new law puts virtual asset firms under FSC oversight for the first time and sets reserve-and-trust rules for stablecoins.
➤ Taiwan has enacted a comprehensive crypto law, moving virtual asset firms under the Financial Supervisory Commission's (FSC) oversight for the first time. ➤ The new legislation introduces licensing requirements for various virtual asset service providers and establishes strict reserve and trust rules for stablecoin issuers. ➤ This move positions Taiwan alongside other Asian jurisdictions like Japan, Singapore, and Hong Kong in integrating crypto into regulated financial frameworks, with significant penalties for non-compliance.












