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
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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
