Taiwan Authorities Say Island's First Regulated Stablecoin Will Launch Next Year
Taiwan's first regulated stablecoin is expected to launch in late 2026, pending final regulatory approval.Summary
Taiwan's first locally issued stablecoin is projected to go live in the second half of 2026, following the expected passage of the draft Virtual Assets Service Act. Financial Supervisory Commission (FSC) Chair Peng Jin-long indicated that stablecoin-specific regulations would follow the main act within six months. While the legislation permits non-bank issuers, financial institutions are expected to lead the initial phase. A key unresolved issue is whether the stablecoin will be pegged to the U.S. dollar or the Taiwan dollar. A U.S. dollar peg would avoid the strict offshore currency controls imposed on the Taiwan dollar, which cannot legally circulate offshore. Regulators are currently drafting rules based on full reserve backing, asset segregation, and domestic custody requirements.
(Source：CoinDesk)