Taiwan may witness its inaugural stablecoin launch as soon as the latter half of 2026, with lawmakers advancing regulations for digital assets, as stated by a financial regulator.
A report from Focus Taiwan on Wednesday highlighted that Financial Supervisory Commission (FSC) Chair Peng Jin-lon announced the possibility of a Taiwan-issued stablecoin entering the market in the latter half of 2026, contingent upon the legislative timeline.
If the Virtual Assets Service Act is approved in the next legislative session, along with a six-month implementation buffer, it would create the necessary framework for the establishment of a Taiwanese stablecoin.
Peng noted that the draft legislation is modeled after Europe’s Markets in Crypto-Assets (MiCA) and would eventually permit non-financial institutions to issue stablecoins. Initially, however, issuance will be limited to regulated entities by Taiwan’s central bank and the FSC.
Last year, Taiwan’s regulators began enforcing Anti-Money Laundering regulations due to alleged violations by crypto firms MaiCoin and BitoPro. As of December, regulated entities have not yet introduced a stablecoin tied to the US dollar or the Taiwan dollar.
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Is Taiwan also exploring a Bitcoin reserve?
Alongside the FSC’s movement on stablecoin regulations, Taiwan’s policymakers are reportedly reviewing the total amount of Bitcoin (BTC) confiscated by authorities, indicating a potential plan for a national crypto reserve.
In May, Taiwanese lawmaker Ju-Chun urged the government to include BTC in its national reserves as a hedge against economic volatility.
The nation’s reserves currently encompass US Treasury bonds and gold, excluding any cryptocurrencies. Other nations, including the US, have implemented policies that support Bitcoin and crypto reserves.
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