Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 102
    NewsCryptoSponsored Article

    $HYPE and $SUI Trade Flat While MoonBull’s Presale Stage 4 Unlocks $5K-to-$595K Potential – Top Crypto Opportunities 2025

    Hyperliquid and SUI have been grabbing headlines in 2025, but many investors…

    By
    Benedikt Krüger
    October 8, 2025
    image 113
    CryptoNewsSponsored Article
    As HYPE Falls and Aster Expands, BullZilla’s 70% Yield Defines the High APY Cryptos to Stake This Year
    October 8, 2025
    image 101
    CryptoNewsSponsored Article
    Best Crypto Presale: Could MoonBull Be the Best New Coin to Join Today as Floki Grows and Pepe Upgrades Dominate October?
    October 7, 2025
    BNB Chain Integrates Chainlink Data Standard to Stream U.S. Economic Data Onchain
    NewsBlockchainCryptoMarket
    BNB Chain Integrates Chainlink Data Standard to Stream U.S. Economic Data Onchain
    October 7, 2025
    MetaMask to Distribute $30 Million Through New Rewards Program
    NewsCryptoMarket
    MetaMask to Distribute $30 Million Through New Rewards Program
    October 7, 2025
  • Cryptocurrency
    image 102
    $HYPE and $SUI Trade Flat While MoonBull’s Presale Stage 4 Unlocks $5K-to-$595K Potential – Top Crypto Opportunities 2025
    9 Min Read
    image 113
    As HYPE Falls and Aster Expands, BullZilla’s 70% Yield Defines the High APY Cryptos to Stake This Year
    11 Min Read
    image 101
    Best Crypto Presale: Could MoonBull Be the Best New Coin to Join Today as Floki Grows and Pepe Upgrades Dominate October?
    8 Min Read
    BNB Chain Integrates Chainlink Data Standard to Stream U.S. Economic Data Onchain
    BNB Chain Integrates Chainlink Data Standard to Stream U.S. Economic Data Onchain
    6 Min Read
    MetaMask to Distribute $30 Million Through New Rewards Program
    MetaMask to Distribute $30 Million Through New Rewards Program
    8 Min Read
    Trump’s Tariff Stimulus Proposal Sparks Talk of Crypto Liquidity Surge
    Trump’s Tariff Stimulus Proposal Sparks Talk of Crypto Liquidity Surge
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Taiwan Greenlights Stablecoins: Banks to Bridge Crypto and Finance
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Taiwan Greenlights Stablecoins: Banks to Bridge Crypto and Finance
NewsCrypto

Taiwan Greenlights Stablecoins: Banks to Bridge Crypto and Finance

Taiwan Greenlights Stablecoins: Banks to Bridge Crypto and Finance
Maxwell Mutuma
Last updated: January 24, 2025 8:50 am
By
Maxwell Mutuma
Published January 24, 2025
5 Min Read
Share

Local banks in Taiwan will soon receive authorization from the Financial Supervisory Commission (FSC) to issue and manage stablecoins. This initiative will bring about important integration as part of the larger effort to merge traditional finance systems with digital assets. The FSC intends to manufacture cryptocurrency custody services and establish a secure system that operates under regulation for virtual asset handling.

Contents
  • Taiwan Enables Banks to Issue Stablecoins
  • FSC Strengthens Crypto Trust and Accountability
  • Regulation to improve transparency and trust
  • FAQs 

The proposed framework, which aims to bring stability and trust-building mechanisms into cryptocurrency markets, involves Taiwan-dollar-backed stablecoins. These stablecoins would establish a fixed exchange rate for a national currency, offering investors a stabilized way to explore digital assets. The draft law represents a milestone for Taiwan’s integration into the global digital market since it will boost Taiwanese citizens’ cryptocurrency access.

Taiwan Enables Banks to Issue Stablecoins

The FSC presents stablecoins as streamlined solutions for converting between actual money and virtual currencies. Taiwan-dollar-backed stablecoins provide investors with an easy method to start and navigate trading on cryptocurrency platforms. The new solution addresses the complications of conventional crypto exchange methods and promotes broader digital asset involvement.

Taiwan Crypto

Taiwan’s government plans to enforce rigid supervisory measures on companies that produce stablecoins. Financial Stability Council requires that stablecoin-producing companies demonstrate proper qualifications through stringent asset management practice evaluations before receiving operational approval. The regulation mandates that trustworthy institutions pass through authorizations because it acts as an additional protection mechanism for end users.

Through this action, Taiwan demonstrates its commitment to bringing stablecoins into actual economic systems. Through joint efforts, Taiwan’s FSC and central bank will develop systems to secure financial stability and effective monetary policy so the framework matches the nation’s economic strategies. Through the establishment of a regulatory system, Taiwan becomes an authority in digital asset market leadership.

FSC Strengthens Crypto Trust and Accountability

Alongside its stablecoin efforts, Taiwan has implemented strict anti-money laundering guidelines for cryptocurrency providers. Beginning January 1, 2025, every entity operating in digital assets must obtain official governmental registration for legal business activity. This regulatory framework seeks to build an open and answerable crypto environment through strict measures that defend user interests from illegal actions.

Firms operating without compliance will face capped fines of NT$5 million ($155,900) and possible criminal charges leading to two years of imprisonment. The FSC’s solid approach to crypto controls clearly shows its regulatory dedication to protecting against crypto financial crimes. Taiwan joins global endeavors to promote accountable cryptocurrency operations through this regulatory initiative.

Taiwanese banks will be essential participants in implementing these new solutions. Financial institutions will obtain regulated certification for stablecoin issuance while providing custody services as a lawful substitute for unregulated cryptocurrencies, such as USDC and USDT. The plan to improve investor trust will support widespread acceptance of digital assets through enhanced confidence levels.

Modernizing the financial system’s framework includes the FSC’s current pilot scheme as one of its principal components. The combination of innovative methods and strict supervision provides the country with strong ground to achieve future growth in the digital economy.

Regulation to improve transparency and trust

Taiwan established its stablecoin guidelines to tackle transparency and financial stability matters. Stablecoin issuers must demonstrate asset backing per the FSC’s framework to guarantee maintained coin value. The framework will stop users from encountering unexpected financial losses when stablecoin managers fail to maintain reserves properly.

Tether USDT

Through their joint effort, Taiwan’s central bank and the FSC will oversee how stablecoins affect the nation’s monetary policy. The integration of digital assets will maintain Taiwan’s financial stability as these institutions perform joint operations. Through this partnership, both entities demonstrate governmental efforts to harmonize technological advancement with risk control measures.

FAQs 

What are stablecoins, and why are they important?

Stablecoins are digital currencies pegged to a stable asset like fiat currency (e.g., Taiwan Dollar). They provide a less volatile way to engage with digital assets.

What is Taiwan’s new stablecoin initiative about?

The Financial Supervisory Commission (FSC) plans to allow banks in Taiwan to issue and manage Taiwan-dollar-backed stablecoins.

How will Taiwan-dollar-backed stablecoins work?

These stablecoins will be pegged 1:1 to the Taiwan dollar, offering cryptocurrency investors a secure and stable entry point.

 

Advertising

For advertising inquiries, please email . [email protected] or Telegram

September Crypto Rally 2025 Could Flip Fear Into Opportunity

Bulls Are Moving: 8 High ROI Tokens in 2025 With MoonBull’s Whitelist Creating Real Excitement

DOGS Sees 60% Volume Surge, Shiba Inu Breaks Out While MoonBull Is the Best New Meme Coin to Watch With 100x Gains in Sight

Robinhood’s Crypto Comeback: Q4 Trading Volume Surges 400%

Why Ripple Is Sitting at the Table With US and UK Officials on Digital Assets

TAGGED:Crypto RegulationFSCTaiwan

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByMaxwell Mutuma
Follow:
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
Previous Article SEC Backpedals on Controversial Crypto Tax Bulletin SEC Backpedals on Controversial Crypto Tax Bulletin!
Next Article Binance Launches “It’s Still Early for Crypto” Campaign Binance Launches “It’s Still Early for Crypto” Campaign with 300k USDC in Rewards – Bold Steps Towards Crypto Adoption
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English