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2026 Latest》Virtual Asset Service Act Draft—Quick Guide: Stablecoins, Licensing, and Penalties Fully Explained

The Executive Yuan has approved the draft of the “Virtual Asset Services Act,” which regulates service providers into 7 categories and adopts a licensing and permit system. The new law will strictly manage asset custody and explicitly bans paying interest on stablecoins. If it involves fraud, the maximum penalty will be as high as NT$200 million. With this, Taiwan’s crypto industry is stepping into a compliant era. _This article was updated and revised on 2026/4/8 to reflect the Executive Yuan-approved draft version_ The draft Virtual Asset Services Act passes through the Executive Yuan—read this quick overview all at once -------------------- Taiwan’s cryptocurrency industry is finally entering a clear regulatory era! After the Financial Supervisory Commission released a preliminary draft last year, the Executive Yuan has, in early April this year, approved amendments to the “Virtual Asset Services Act” draft and will submit it to the Legislative Yuan for review. The goal is to improve the development and management of Taiwan’s virtual asset business, protect the rights and interests of traders, and promote innovation in financial technology. Compared with the 2025 version, the Executive Yuan-approved version in terms of penalties and regulation
CryptoCity·48m ago

Bitmine completes NYSE uplisting, expanding its share repurchase scale fourfold to $4 billion

Bitmine Immersion Technologies completes its uplisting from the U.S. board of the New York Stock Exchange (NYSE) to the NYSE, keeping its stock ticker unchanged, and announces that it will expand its share repurchase plan to $4 billion. The uplisting shows that it meets the rigorous standards of the NYSE main board and can attract more institutional investors. The share repurchase plan reflects the company’s commitment to its shareholders and is intended to boost its stock price.
MarketWhisper·3h ago
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2026 Latest》Virtual Asset Service Act Draft: Easy Summary—Stablecoins, Licenses, and Penalties Fully Explained

The Executive Yuan has approved the draft of the “Virtual Asset Services Act,” which will regulate service providers into 7 categories and adopt a license-based system. The new law tightly regulates asset custody and clearly prohibits stablecoins from paying interest. If fraud is involved, the maximum penalty is 200 million yuan; declaring that Taiwan’s crypto industry is entering a compliant era. _This article was updated and revised on 2026/4/8 to the Executive Yuan-approved draft version_ The draft of the Virtual Asset Services Act has passed through the Executive Yuan—an easy one-page summary to read at once -------------------- Taiwan’s cryptocurrency industry has finally entered a clear regulatory era! After the Financial Supervisory Commission released a preliminary draft last year, the Executive Yuan has passed the “Virtual Asset Services Act” amendment draft in early April this year. It will be submitted to the Legislative Yuan for review. The goal is to improve the development and management of Taiwan’s virtual asset sector, protect traders’ rights and interests, and promote financial technology innovation. Compared with the 2025 version, the Executive Yuan’s approved version in terms of penalties and regulation…
CryptoCity·3h ago

2026 Latest》Virtual Asset Service Act Draft: Quick Overview — Stablecoins, Licenses, and Penalties Explained

The Executive Yuan has approved the draft of the Virtual Asset Services Act, which will regulate service providers into 7 categories and adopt a permit-and-licensing system. The new law will tightly regulate asset custody and explicitly bans interest-bearing issuance of stablecoins. If it involves fraud, the maximum penalty is 200 million yuan. With that, Taiwan’s crypto industry is set to move into a compliance era. _This article was updated and revised on 2026/4/8 to the version approved by the Executive Yuan_ The draft Virtual Asset Services Act passes through the Executive Yuan—quick rundown once to see -------------------- Taiwan’s cryptocurrency industry has finally entered a clear regulatory era! After the Financial Supervisory Commission released a preliminary draft last year, the Executive Yuan has passed proposed amendments to the Virtual Asset Services Act in early April this year, to be submitted to the Legislative Yuan for deliberation. The goal is to improve the development and management of Taiwan’s virtual asset businesses, protect the rights of traders, and promote financial technology innovation. Compared with the 2025 version, the version approved by the Executive Yuan differs in penalties and regulation in
CryptoCity·7h ago

Is there uncertainty in the U.S.-Iran talks on 4/10? Iran accuses the United States of violating the “three ceasefire provisions,” and fires back angrily: a ceasefire right now is extremely unreasonable

Iranian Parliament Speaker Mohammad Bagher Qalibaf accused the United States and Israel of violating three provisions in Iran’s “10-point plan,” making the peace talks scheduled to be held in Pakistan unreasonable. He said Israel has failed to comply with the ceasefire agreement, drones have violated Iran’s airspace, and the U.S. has denied Iran’s right to uranium enrichment. This has pushed the fragile Iran-U.S. ceasefire agreement into a crisis.
動區BlockTempo·18h ago

What if AI replaces human labor—what should we do? OpenAI proposes 4 major initiatives: a three-day workweek without a pay cut, and an AI tax levied on companies

OpenAI releases four major policy proposals to address the impact of AI, recommending tax reform and a robot tax, establishing a public wealth fund, subsidizing a four-day workweek every week, and accelerating the expansion of energy infrastructure. This proposal appears especially important when governments respond to the economic changes brought about by AI, and at the same time, CEO Altman is also facing an internal trust crisis that is affecting the company’s image and stock performance.
区块客·23h ago