Taiwan Passes Crypto Law Covering Licensing and Stablecoins

Taiwan has passed a sweeping crypto law that places virtual asset firms under the oversight of the Financial Supervisory Commission for the first time. The legislation introduces licensing requirements and rules for stablecoins.

The measure matters because it creates a formal regulatory framework for companies operating in Taiwan’s virtual asset sector. Firms covered by the law will now face direct supervision from the FSC.

Stablecoins are also addressed through requirements governing reserves and trusts. These provisions establish rules for how assets supporting stablecoins must be managed.

Together, the licensing framework and stablecoin standards mark a broad expansion of Taiwan’s crypto regulation. The law gives the FSC a central role in overseeing the sector and sets new compliance expectations for virtual asset businesses.