Taiwan FSC drafts nine rules for Virtual Asset Service Act

Taiwan's Financial Supervisory Commission (FSC) said it is drafting nine subsidiary regulations under its new Virtual Asset Service Act, including detailed rules for stablecoins. Implementation is targeted for Q1 2027.

• The regulations will flesh out the framework created by the Virtual Asset Service Act, which establishes a licensing regime for crypto businesses in Taiwan.
• The stablecoin rules are among the most anticipated pieces as Taiwan brings its digital asset market under formal supervision.

Taiwan joins a growing list of Asian jurisdictions — alongside Singapore, Hong Kong, South Korea and Pakistan — formalizing crypto and stablecoin oversight. No specifics of the nine regulations were disclosed in the brief announcement.