Taiwan eyes 2026 stablecoin launch as crypto legislation advances: Report

Taiwan's Financial Supervisory Commission (FSC) Chair, Peng Jin-lon, indicated that a Taiwan-issued stablecoin, pegged to either the Taiwan dollar or the US dollar, could launch in the second half of 2026. This timeline depends on the passage of the Virtual Assets Service Act during the next legislative session, followed by a six-month buffer period for the law to take effect. The draft legislation is modeled after Europe's MiCA regulation and will eventually permit non-financial institutions to issue stablecoins, though initially, issuance will be restricted to regulated entities like the central bank and the FSC. Separately, Taiwanese policymakers are reportedly assessing confiscated Bitcoin, with some lawmakers suggesting adding BTC to national reserves as a hedge against economic uncertainty.

(Source：Cointelegraph)