Regulator: Financial Supervisory Commission (FSC); Central Bank of the Republic of China (Taiwan) (CBC) [for stablecoin approvals]
The Virtual Asset Service Act (passed June 30, 2026) is Taiwan’s first comprehensive virtual-asset law. It upgrades VASP oversight from AML registration to full FSC licensing across seven service categories and introduces specific stablecoin rules requiring dual FSC/Central Bank approval, 100% fiat-pegged reserves held in domestic trust, segregation, regular audits, and a prohibition on yield. Existing AML-registered platforms have transition periods. Severe criminal penalties apply for unlicensed activity.
Applicable Laws:
Money Laundering Control Act Amendment - https://mojlaw.moj.gov.tw/ENG/LawContentE.aspx?LSID=FL006664
Anti-Money Laundering Registration Regulations for Virtual Asset Service Providers - https://law.fsc.gov.tw/EngLawContent.aspx?lan=E&id=2734
Virtual Asset Service Act (虛擬資產服務法) - https://ppg.ly.gov.tw/ppg/download/agenda1/02/pdf/11/05/15/LCEWA01_110515_00200.pdf
