Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Taiwan Authorities Say Island's Fir
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Taiwan Authorities Say Island's Fir
Taiwan Authorities Say Island's First Regulated Stablecoin Will Debut Next Year
Taiwan Authorities Say Island's First Regulated Stablecoin Will Debut Next Year
Regulators have not decided whether the token will be tied to the Taiwan dollar or the U.S. dollar, a choice that will determine how deeply it tests the island’s currency controls.
By Sam Reynolds|Edited by Sheldon Reback
Dec 3, 2025, 9:09 a.m.
Taipei skyline (Vas/Unsplash modified by CoinDesk)
What to know:
- Taiwan's first locally issued stablecoin could launch in late 2026, pending regulatory decisions on the currency backing.
- The Financial Supervisory Commission is drafting regulations that could allow financial institutions to lead the initial issuance of stablecoins.
- The decision on whether the stablecoin will be tied to the U.S. dollar or Taiwan dollar remains unresolved.
Taiwan could see its first locally issued stablecoin go live in the second half of 2026, though regulators have not yet decided on the currency the token will be tied to.
Local media in Taiwan report Financial Supervisory Commission Chair Peng Jin-long told lawmakers this week that the draft Virtual Assets Service Act has cleared initial cabinet reviews and could pass its third reading next session. Regulations specific to stablecoins would follow within six months, putting the earliest possible launch in late 2026.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up
The legislation does not restrict issuers to banks, although the FSC and Taiwan’s central bank have agreed that financial institutions will lead issuance in the initial stage, Peng said.
What remains unclear is the currency backing: A stablecoin is a digital token whose value is tied to that of a real-world asset such as a fiat currency. Peng said the stablecoin could be pegged to the U.S. dollar or the Taiwan dollar, depending on market demand, but no decision has been made.
A U.S. dollar-backed coin would bypass the thorniest issue in Taiwan’s financial system: the strict limits on exporting the Taiwan currency offshore.
Taiwan’s currency cannot legally circulate offshore, and the central bank has a long record of policing attempts to use it for transactions without a direct connection to the island.
Stablecoins by design facilitate cross-border settlement, a feature that could undermine decades of efforts to keep the currency onshore and prevent unofficial offshore pricing.
For now, regulators are drafting rules based on full reserve backing, strict segregation of assets and domestic custody requirements.
But the basic question of what currency Taiwan’s first stablecoin will represent remains unresolved, and the choice will determine whether the project becomes a low-risk payments tool or a challenge to the island’s currency framework.
TaiwanStablecoins
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Poland's President Vetoes MiCA Bill, Cites Threats to 'Freedoms of Poles'
President Karol Narwocki was concerned that the Cryptoasset Market Act would allow the government to disable crypto companies websites "with a single click."
What to know:
- President Karol Nawrocki of Poland has refused to sign a bill that would have imposed sterner regulations on the cryptocurrency market.
- The president vetoed provisions of the bill on the basis that they "pose a real threat to the freedom of Poles."
- "Overregulation is a surefire way to push companies abroad instead of creating the conditions for them to earn and pay taxes in Poland," according to the president.
Read full story
Latest Crypto News
BlackRock's Spot Bitcoin ETF Options Secure U.S. Top 10 Ranking With 7.7M Active Contracts
Yi He, Arguably Crypto's Most Powerful Woman, Becomes Binance’s New Co-CEO
This Bitcoin-Led, Institutionally Anchored Cycle Shows the Three-Month Drop Isn’t a Winter: Glassnode
Dogecoin Posts Strongest Move in Weeks. Is $0.15 the Next Target?
$6.5K Ether Bets Dominate Deribit Open Interest
SOL, ADA, XRP Zoom 12% as Bitcoin Bounces Above $93K. But Will The Rally Last?
Top Stories
Yi He, Arguably Crypto's Most Powerful Woman, Becomes Binance’s New Co-CEO
Ether 'Bear Trap' Confirmed as Bitcoin Probes $93K, XRP Eyes $2.30 Hurdle
SOL, ADA, XRP Zoom 12% as Bitcoin Bounces Above $93K. But Will The Rally Last?
This Bitcoin-Led, Institutionally Anchored Cycle Shows the Three-Month Drop Isn’t a Winter: Glassnode
Strategy Gains Nearly 20% From Monday Low as Bear Gloating Suggests at Least Temporary Bottom
Bank of America Greenlights Wealth Advisers to Recommend Up to 4% Bitcoin Allocation
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
‘His And Hers’ Finally Dethroned In Netflix’s Top 10 List By A New Show
The post ‘His And Hers’ Finally Dethroned In Netflix’s Top 10 List By A New Show appeared on BitcoinEthereumNews.com. Netflix’s megahit miniseries, His and Hers
Share
BitcoinEthereumNews2026/01/30 01:55
United States B2C Ecommerce Business Report 2025: Amazon, Walmart, Apple, Home Depot, Target Lead the $1.8 Trillion Market, Instacart, DoorDash, Uber Eats Expanded Their Presence – Forecast to 2029 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “United States B2C Ecommerce Market Size & Forecast by Value and Volume Across 80+ KPIs – Databook Q4 2025 Update” report has been added
Share
AI Journal2026/01/30 02:00
BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus
The post BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Curacao, Curacao, September 17th, 2025, Chainwire BetFury steps onto the stage of SBC Summit Lisbon 2025 — one of the key gatherings in the iGaming calendar. From 16 to 18 September, the platform showcases its brand strength, deepens affiliate connections, and outlines its plans for global expansion. BetFury continues to play a role in the evolving crypto and iGaming partnership landscape. BetFury’s Participation at SBC Summit The SBC Summit gathers over 25,000 delegates, including 6,000+ affiliates — the largest concentration of affiliate professionals in iGaming. For BetFury, this isn’t just visibility, it’s a strategic chance to present its Affiliate Program to the right audience. Face-to-face meetings, dedicated networking zones, and affiliate-focused sessions make Lisbon the ideal ground to build new partnerships and strengthen existing ones. BetFury Meets Affiliate Leaders at its Massive Stand BetFury arrives at the summit with a massive stand placed right in the center of the Affiliate zone. Designed as a true meeting hub, the stand combines large LED screens, a sleek interior, and the best coffee at the event — but its core mission goes far beyond style. Here, BetFury’s team welcomes partners and affiliates to discuss tailored collaborations, explore growth opportunities across multiple GEOs, and expand its global Affiliate Program. To make the experience even more engaging, the stand also hosts: Affiliate Lottery — a branded drum filled with exclusive offers and personalized deals for affiliates. Merch Kits — premium giveaways to boost brand recognition and leave visitors with a lasting conference memory. Besides, at SBC Summit Lisbon, attendees have a chance to meet the BetFury team along…
Share
BitcoinEthereumNews2025/09/18 01:20