Crypto
Taiwan passes new crypto law, sets regulatory framework for stablecoins and exchanges
Taiwan has passed a new law covering the full scope of cryptocurrency services and introduced a licensing system for stablecoin issuance. The Virtual Asset Service Act expands oversight beyond anti-money laundering to broader business operations and market order. It classifies providers into seven categories and sets requirements for governance, internal controls and cybersecurity. It also tightens exchange listing rules and imposes stricter penalties for market manipulation and fraud.
