Episode Details

Taiwan just unveiled its first-ever crypto and stablecoin regulations, requiring all virtual asset businesses to get official licenses from the Financial Supervisory Commission — aligning with global leaders like Japan and Singapore. The rules cover everything from customer fund handling to cybersecurity and reporting, with stablecoin issuers needing central bank and FSC approval, reserve requirements, and regular audits. Violators face up to seven years in prison and fines of 100 million New Taiwan dollars (about $3.1 million). Though the law has passed, its effective date is pending official publication, giving existing AML-registered firms a year to apply for new licenses. Lawmakers also approved a resolution to launch a plan within a year for exploring crypto derivatives — aiming to expand investment options and strengthen Taiwan’s position in the global digital asset market.

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