https://cryptobanking.news/entity/fsc-taiwan/Verified items mentioning Financial Supervisory Commission (Taiwan)https://cryptobanking.news/item/taiwan-fsc-bank-deposit-token-pilot-applications/https://cryptobanking.news/item/taiwan-fsc-bank-deposit-token-pilot-applications/Tue, 22 Sep 2026 00:00:00 GMTTaiwan’s Financial Supervisory Commission opened applications on 22 September 2026 for banks to pilot deposit-token business, citing the tokenisation of real-world assets (RWA) and international deposit-token developments, to give banks room to develop operating models, technology applications and risk-management mechanisms and to inform future supervisory and regulatory adjustments. The FSC said a bank-issued deposit token presents a bank deposit through a new form of representation or record such as blockchain, remains legally a bank deposit and is in principle handled under the existing Banking Act and related rules, so banks may apply under the FSC’s guidelines for financial-industry business pilots. Applicants must set out in their business plan the pilot scope and use cases; issuance, transfer, redemption and destruction flows; reconciliation between deposit accounts and token ledgers; the technical architecture and security controls; and redemption and customer-protection arrangements when the pilot ends or is stopped. (Source text in Chinese; summary translated.) Source: https://www.fsc.gov.tw/ch/home.jsp?dataserno=202609220001&dtable=News&id=96&mcustomize=news_view.jsp&parentpath=0%2C2tokenized-depositsregulation