Taiwan’s Financial Supervisory Commission (FSC) chairperson Peng Jin-long announced that the Virtual Asset Service Act (VASP Act) passed its third reading on June 30 this year. The FSC is drafting nine subsidiary regulations, including rules for stablecoins, which are expected to be published in the first quarter of 2027. The development reflects Taiwan’s shift toward a three-track financial system combining traditional finance, digital finance, and blockchain finance, with stablecoins and blockchain technology emerging as key infrastructure for cross-border fund flows.
Taiwan’s Financial Supervisory Commission (FSC) chairperson Peng Jin-long said the Virtual Asset Service Act (VASP Act) cleared its third reading on June 30 this year. The FSC is now writing nine subsidiary regulations. That includes rules aimed specifically at stablecoins, with publication and rollout expected in the first quarter of 2027.
Peng said the fast rise of AI and blockchain is pushing Taiwan—and financial markets worldwide—toward a three-track system: traditional finance, digital finance, and blockchain finance. And in that setting, demand is climbing for cross-border payments, trade finance, and fund allocation across the semiconductor supply chain. Stablecoins, blockchain, and fintech are more and more being seen as the new infrastructure for cross-border capital flows.
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