Taiwan's Financial Supervisory Commission pre-announced the draft Regulations Governing Permission and Management of Stablecoin Issuance on 6 November 2026, under Commission notice no. 11502732141. The pre-announcement is made under Article 154, paragraph 1 of the Administrative Procedure Act, the provision under which an agency publishes a draft of subordinate legislation and invites comment before adopting it. The draft has not been adopted and the comment period is open.
The notice states the enabling provisions as Article 34, paragraphs 3 and 4, Article 36, paragraph 4, Article 37, paragraph 4, Article 39 and Article 41, paragraph 2 of the Virtual Asset Service Act. The Banking Bureau is recorded as the responsible unit. The general explanation and the article by article explanation of the draft are annexed to the notice, and the draft is also carried on the draft pre-announcement page of the Commission's regulations database.
Banks, financial holding companies and other entities that intend to issue a stablecoin in Taiwan take their permission conditions from this instrument rather than from the Virtual Asset Service Act alone. On the same day the Commission pre-announced a draft designating stablecoin issuers as financial institutions within Article 5, paragraph 1 of the Money Laundering Control Act, together with eight drafts covering virtual asset service providers, among them establishment, responsible persons and business personnel, management, internal control and audit, outsourcing, financial reporting and trade association rules. Those drafts carry the same closing date, so an applicant preparing a response reads the issuance conditions and the money laundering designation together.
The Commission shortened the pre-announcement period to 40 days to match the commencement timetable of the Virtual Asset Service Act, counted from the day after the notice appears in the gazette. The closing date recorded on the notice is 16 December 2026. Comments are filed through the draft pre-announcement page of the Commission's regulations database, with the Banking Bureau as the contact unit.
Licentium advises issuers, banks and virtual asset service providers on stablecoin authorisation and conduct requirements in Asia and the European Union. Work we undertake includes preparing consultation responses, mapping permission conditions for issuance and wallet services, and drafting reserve, redemption and governance documentation.