Taiwan Plans Stablecoin Launch in 2026 as Cryptocurrency Legislation Progresses: Report

Taiwan's Stablecoin Launch Timeline: Taiwan could launch its first stablecoin by the second half of 2026, pending the passage of the Virtual Assets Service Act, which would allow regulated entities to issue stablecoins.

Legislative Framework: The draft legislation is modeled after Europe’s Markets in Crypto-Assets (MiCA) and aims to initially restrict stablecoin issuance to regulated entities, with future provisions for non-financial institutions.

Regulatory Background: Taiwan has been enforcing Anti-Money Laundering regulations in response to violations by crypto companies, but no stablecoin has been launched yet.

Potential Bitcoin Reserves: Taiwanese lawmakers are considering adding Bitcoin to national reserves as a hedge against economic uncertainty, following the example of other countries that have adopted crypto reserves.