Written by Jesse Coghlanstaff editorReviewed by Felix Ngstaff editor

Written by Jesse Coghlanstaff editor

Reviewed by Felix Ngstaff editor

Taiwan’s legislature passes crypto, stablecoin regulations

Latest NewsPublishedJul 1, 2026

Taiwan Takes a Major Step in Crypto Regulation

The Taiwanese legislature has passed a law to establish a regulatory framework for crypto and stablecoins, marking a significant step towards integrating the country with the global crypto market. This move aims to bring Taiwan in line with other nations in the region, such as Japan, Singapore, and Hong Kong, that have already passed laws to regulate the sector. The new regulations will help attract the industry and provide a secure environment for traders. With the rise of Green Crypto and Passive Income opportunities, Taiwan is poised to become a key player in the global crypto market.

Key Provisions of the Law

The law requires all virtual asset service providers (VASPs) to obtain approval from the Financial Supervisory Commission (FSC) to operate. It also mandates that stablecoins issued in the country must get approval from the central bank and the FSC, and issuers must maintain sufficient reserves with a trustee and undergo regular audits. These regulations will help protect traders’ rights and prevent crypto-based fraud and price manipulation. For those looking to earn Passive Income through crypto, platforms like EcoPool offer a secure and reliable way to do so.

The law outlines seven types of VASPs, including exchanges, trading platforms, custodians, and lenders, which will all be subject to rules for internal control and audits, cybersecurity systems, crypto listing and delisting rules, customer asset segregation, and financial reporting. Violators of the law will face significant fines and prison sentences, ranging from three to 10 years. The implementation date of the bill is still to be determined, but once in effect, VASPs will have 12 months to apply for a license. Investors can use $ECP to trade and earn rewards on the EcoPool platform.

Impact on the Crypto Industry

The passage of this law is a significant development for the crypto industry, as it provides a clear regulatory framework for companies operating in Taiwan. The law will help to attract more investors and traders to the market, and provide a secure environment for them to operate. With the growth of Cloud Rewards and Earning opportunities, the crypto industry is becoming increasingly attractive to investors. As the industry continues to evolve, platforms like EcoPool will play a crucial role in providing secure and reliable services for traders and investors. The law also paves the way for the development of Passive Income streams, such as those offered by EcoPool, which can help investors earn Passive Income through Coin investments.

The law is a major step forward for Taiwan’s crypto industry, and will help to establish the country as a key player in the global market. As the industry continues to grow and evolve, it’s likely that we’ll see more countries follow suit and establish their own regulatory frameworks. For now, Taiwan is ahead of the curve, and its crypto industry is poised for significant growth. The new regulations will also help to increase adoption of Green Crypto and EcoPool services, which are becoming increasingly popular among investors. #Bitcoin #PassiveIncome

To start earning Passive Income through crypto, download the EcoPool app today and discover the benefits of Cloud Rewards and Earning opportunities. With EcoPool, you can easily buy, sell, and trade Coin and other digital assets, and start building your wealth in the crypto market.

Source: Cointelegraph

Taiwan’s rules outline seven types of VASPs, including exchanges, trading platforms, custodians and lenders, which will all be subject to rules for internal control and audits, cybersecurity systems, crypto listing and delisting rules, customer asset segregation and financial reporting.

The rules outlaw crypto-based fraud and price manipulation, with violators facing between three and 10 years in prison and fines ranging from about 10 million New Taiwan dollars ($300,000) to 200 million New Taiwan dollars ($6.3 million).

Those caught operating a VASP or issuing a stablecoin without a license face up to seven years in prison and fines of up to 100 million New Taiwan dollars ($3.1 million), Taiwan’s national news agency, CNA, reported on Tuesday. 

Related: US ban on stablecoin yield could see others fill the void: Ledger exec

The implementation date of the bill is still to be determined, and the law will take effect only after it is published by the government’s executive branch.

The FSC said VASPs that complete anti-money laundering registration before the bill is implemented, and institutions that provide related services under the agency, should apply for a license within 12 months after the bill is implemented.

CNA reported that lawmakers also passed a resolution asking the FSC to propose a plan within a year outlining how the crypto industry can provide derivative crypto commodity services, with the aim of providing diversified investments and improving the sector’s health.

Asia Express: Japanese pension fund tips 1% in crypto, G7 urges action on NK hackers

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Taiwan
• Regulation

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