Regulatory Alerts2026-06-30
Added · Updated
Legislative Yuan Passes Virtual Asset Service Provider Act
The Financial Supervisory Commission of Taiwan announced that the Legislative Yuan passed the Virtual Asset Service Provider Act on June 30, 2026, to elevate regulatory oversight from anti-money laundering to comprehensive operational and market order standards. The legislation defines seven types of virtual asset service providers, mandates strict capital and trust requirements for stablecoin issuers, and imposes severe criminal penalties for market manipulation. Existing providers are granted a transition period of up to 24 months to obtain licenses, while the Commission commits to drafting subordinate regulations to ensure long-term market stability and international alignment.