Taiwan might see its first stablecoin launched as early because the second half of 2026 as lawmakers advance new guidelines for digital property, in accordance with one of many nation’s monetary regulators.
Based on a Focus Taiwan report on Wednesday, Monetary Supervisory Fee (FSC) Chair Peng Jin-lon mentioned that, based mostly on the timeline for passing associated laws, a Taiwan-issued stablecoin might enter the market within the second half of 2026.
Ought to the Digital Belongings Service Act cross within the nation’s subsequent legislative session, and accounting for a six-month buffer interval for the regulation to take impact, it could lay the groundwork for the launch of a Taiwanese stablecoin.
Peng mentioned the draft laws was derived from Europe’s Markets in Crypto-Belongings (MiCA) and would finally permit non-financial establishments to challenge stablecoins. Initially, nevertheless, Taiwan’s central financial institution and the FSC would prohibit issuance to regulated entities.
Final 12 months, Taiwan’s policymakers started implementing Anti-Cash Laundering rules in response to alleged violations by crypto firms MaiCoin and BitoPro. As of December, nevertheless, regulated entities within the nation have but to launch a stablecoin pegged to both the US greenback or the Taiwan greenback.
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Is Taiwan additionally exploring a Bitcoin reserve?
Along with the FSC’s development of stablecoin rules, Taiwan’s policymakers are reportedly assessing the overall quantity of Bitcoin (BTC) confiscated by authorities. The transfer signaled that the nation could possibly be making ready to launch its personal strategic crypto stockpile.
Ju-Chun, a Taiwanese lawmaker, referred to as on the federal government so as to add BTC to its nationwide reserves in Might as a hedge in opposition to financial uncertainty.
The nation’s reserves embody US Treasury bonds and gold, however no cryptocurrencies. Different nations, such because the US, have adopted insurance policies that promote Bitcoin and crypto reserves.
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