Taiwan’s New Stablecoin: 2026’s Most Exciting (and Bureaucratic) Event!

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Taiwan’s Financial Supervisory Commission outlines comprehensive regulatory framework for first national stablecoin issuance.

The Financial Supervisory Commission (FSC) of Taiwan, ever the paragon of efficiency, announced on December 3, 2025, that the country’s first stablecoin will likely launch in the latter half of 2026, contingent on legislative approval. FSC Chairman Peng Jin-long revealed the timeline during a legislative hearing, explaining that the “Virtual Assets Service Act” must pass through the Legislative Yuan and be followed by a six-month implementation period. 🎩✨

The proposed legislation, modeled, with the flair of a Parisian salon, after the European Union’s Markets in Crypto-Assets Regulation, will initially restrict stablecoin issuance to financial institutions. While the draft bill does not explicitly mandate financial institution issuance, the FSC and central bank have agreed to this approach for initial risk management. The Cabinet is scheduled to review the act, following multiple meetings that have produced a “high level of consensus” about the regulatory framework. 🇪🇺💸

🧭 FAQs

• When will Taiwan’s first stablecoin be available? Earliest launch is expected in late 2026. 🧠💰

• Who can issue stablecoins in Taiwan? Initially, only financial institutions will be permitted. 🏦🚫

• What legislation governs this process? The proposed “Virtual Assets Service Act”. 📜⚖️

• Is this similar to other international regulations? Modeled after the EU’s Markets in Crypto-Assets Regulation. 🇪🇺🔁

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2025-12-04 15:12