Regulation & supervision
Taiwan FSC drafts stablecoin issuance licensing rules for banks and others
APACSource: Financial Supervisory Commission
- Taiwan’s Financial Supervisory Commission said on 3 November 2026 it has drafted Regulations Governing Permission and Administration of Stablecoin Issuance, plus amendments to anti-money-laundering rules, to implement the Virtual Asset Service Act promulgated on 22 July 2026 (effective date to be set by the Executive Yuan), and will pre-announce them shortly for public comment.
- Applicants may be banks, financial holding companies or companies invested in by banks, and other institutions the FSC designates; a non-bank issuer needs minimum paid-in capital of NT$300 million (新臺幣3億元), must be a public company and may only issue and redeem stablecoins.
- Only stablecoins pegged one-to-one to the New Taiwan dollar or a single foreign currency may be issued, reserve assets at fair value must be no less than the stablecoins outstanding, issuers must verify subscribers and redeemers, be audited regularly by accountants, be able to restrict transfers when authorities lawfully require it, report to the FSC and the central bank, and will be designated financial institutions under the Money Laundering Control Act.
Why it matters
Taiwanese banks and bank-owned subsidiaries are named first among eligible stablecoin issuers, so the draft sets out the reserve, audit, identity-check, transfer-restriction and AML obligations they would take on, with comments open for 40 days after the formal notice.
Read the original: Financial Supervisory Commission ↗
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More detail
Also in the source
- (Source text in Chinese; summary translated.)
Who is affected
Banks, financial holding companies and bank-invested companies in Taiwan, other institutions the FSC designates, and future stablecoin issuers and their subscribers and redeemers.
Key dates
- Virtual Asset Service Act promulgated
- FSC announces draft stablecoin issuance rules
What remains uncertain
- The Virtual Asset Service Act's effective date has not been set; the FSC says it will be set by the Executive Yuan and the rules will take effect with it.
- The formal pre-announcement date, and so the exact end of the 40-day comment period, is not given (the FSC says it will pre-announce in the coming days).
Key facts
- Event
- Proposed rule
- Jurisdiction
- APAC
- Source
- Financial Supervisory Commission (Taiwan)
- Source tier
- Tier 1 · Regulator / central bank
- Product
- Stablecoin issuance
Institutions
How we verified this
The source says
“金融監督管理委員會（下稱金管會）研訂「穩定幣發行許可及管理辦法」草案、「金融機構防制洗錢辦法」修正草案及「銀行業及其他經金融監督管理委員會指定之金融機構防制洗錢及打擊資恐內部控制與稽核制度實施辦法」部分條文修正草案，將依行政程序法規定，於近日內預告，以徵求各方意見。”
“(二)非銀行之穩定幣發行人：最低實收資本額新臺幣3億元、應辦理公開發行及專營穩定幣之發行及贖回業務。”
“(三)得發行之穩定幣種類：與新臺幣或單一外國貨幣價值一比一連結之穩定幣。”
“(五)發行人應維持各檔次穩定幣之準備資產按公允價值衡量之總價值不低於該穩定幣流通在外之總餘額。”
“(一)指定穩定幣發行人為洗錢防制法第5條第1項第18款所定之金融機構，並適用金融機構洗錢防制相關規定。”
Verbatim from Financial Supervisory Commission (Taiwan), matched word for word against the live page on 3 November 2026.
Sources
- PrimaryFinancial Supervisory Commission (Taiwan) ↗2026-11-03T1Regulator
Evidence
- Confidence
- High Primary source (regulator / official record); quote string-matched against the live page.
- Quote verified
- 2026-11-03 12:08 UTC
- Archived snapshot
- SHA-256
a45fb878c36913b2…· fetched 2026-11-03 · Wayback Machine copy ↗ - Source type
- Primary Financial Supervisory Commission (Taiwan) ↗
Change log (1)
- 2026-11-03 Published
AI-assisted: the summary and analysis were drafted with AI from the primary source and checked by the editors. AI-drafted from the primary source; quote string-matched against the live source page.
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