Taiwan is preparing to introduce its first stablecoin, with a possible launch in 2026.
The plan depends on the progress of a new legal framework for digital assets that lawmakers are currently discussing.
Financial Supervisory Commission (FSC) Chair Peng Jin-long explained that the proposed “Virtual Assets Service Act” will serve as the main law governing the country’s digital asset activities.
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If the bill moves through the current legislative session and is approved in the next, it would provide the foundation needed for a stablecoin to be released.
After the bill’s approval, additional steps will follow. Once the FSC finalizes supporting rules, the law will still need about six months before it takes effect. Based on this schedule, Peng said the earliest time a Taiwan-issued stablecoin could appear is the second half of 2026.
The Cabinet is expected to review the bill this week. Peng noted that the proposal has already gone through several meetings that brought a strong sense of agreement among the participants.
While the proposal does not limit stablecoin issuers to financial institutions, Peng said regulators want a cautious approach at first. Both the FSC and Taiwan’s central bank plan to allow only licensed financial institutions to issue stablecoins initially.
India’s Ministry of Finance recently considered a policy plan for stablecoins in its Economic Survey 2025–2026. How did the Reserve Bank of India (RBI) respond? Read the full story.
