Taiwan’s Financial Supervisory Commission announced on December 3, 2025, that the country’s first stablecoin will likely debut in the second half of 2026, provided lawmakers give their approval. FSC Chairman Peng Jin-long presented the timeline during a legislative hearing, emphasizing that the “Virtual Asset Act” must first pass the Legislative Yuan before a six-month implementation period begins.
New Law Inspired by Europe’s MiCA Framework
The proposed legislation, modeled on the EU’s Markets in Crypto-Assets regulation, initially restricts stablecoin issuance to financial institutions. While the draft does not explicitly mandate this, both the FSC and the central bank have agreed to adopt this requirement as a conservative measure to manage early-stage risks.
Government Nears Consensus on Regulatory Structure
Before the bill moves forward, it must undergo review by the Executive Yuan. According to officials, several rounds of discussions have already produced a “high level of consensus” on the overall regulatory framework, setting the stage for Taiwan’s first officially sanctioned stablecoin to enter the market in 2026.
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