Crypto & Digital Assets · Taiwan
Is crypto legal in Taiwan? Rules & regulation (2026)
Taiwan shaded by its crypto & digital assets status
Crypto is developing in Taiwan, primarily under Two-tier regime: (1) in-force mandatory AML registration for VASPs under the Money Laundering Control Act (amended July 2024) and the FSC's VASP AML Registration Regulations (effective 30 Nov 2024), administered by the Financial Supervisory Commission (FSC); and (2) a comprehensive Virtual Asset Service Act (VASP Act) approved by the Executive Yuan on 2 Apr 2026 and pending Legislative Yuan passage, which will move the sector from registration to full licensing..
Today Taiwan operates a mandatory AML registration system: any platform providing virtual-asset services to Taiwanese users must complete FSC AML registration (deadline phased through Sept 2025) or be barred from operating, with criminal penalties for non-compliance. A full licensing framework, the Virtual Asset Service Act, has been approved by the Executive Yuan (2 Apr 2026) and sent to the Legislative Yuan; once enacted it will require an FSC operating license, minimum capital, segregated custody, market-integrity controls and mandatory industry-association membership. Several providers (e.g. Binance Asia, XREX Taiwan, Taiwan Mobile) have obtained AML registration / approval under the current regime.
Timeline - major decisions & events
Taiwan's Cabinet approved the FSC-drafted Virtual Asset Services Act and transmitted it to the Legislative Yuan for deliberation, the country's first dedicated crypto statute, covering VASP licensing, capital requirements, asset segregation, stablecoin issuance approval, and criminal penalties of up to seven years for unlicensed stablecoin issuers.
Executive Yuan, R.O.C. — Press Release ↗The FSC released the draft Virtual Asset Services Act proposing a comprehensive licensing regime for VASPs and stablecoin issuers modelled on the EU, UK, Japan, and Hong Kong frameworks; the public comment period closed 24 May 2025 and the draft was submitted to the Executive Yuan in June 2025.
Financial Supervisory Commission (FSC) ↗The 30 November 2024 deadline under the July 2024 Money Laundering Control Act amendment required all VASPs to complete FSC AML registration before providing services; non-compliance carries up to two years imprisonment and NT$5 million in fines. Only 23 exchanges had registered by the deadline.
Lee Tsai & Partners (citing FSC) ↗Taiwan enacted amendments to the Money Laundering Control Act requiring every VASP to obtain FSC AML registration before commencing operations and compelling offshore VASPs to establish a local legal presence in Taiwan, a major step from voluntary guidelines to enforceable obligations.
Executive Yuan, R.O.C. — Cabinet Passes Draft Amendments to Money Laundering Control Act ↗The Taiwan Virtual Asset Service Providers Association was formally established with FSC support to issue binding self-regulatory codes; by January 2025 it had promulgated seven codes covering AML/CFT, virtual asset listing/delisting, customer protection, cybersecurity, anti-fraud reporting, and asset segregation.
Lee Tsai & Partners (citing FSC) ↗Taiwan's first dedicated crypto AML/CTF regulations entered into force, requiring VASP operators to implement KYC procedures, maintain transaction records, and file large-transaction and suspicious-transaction reports with the Ministry of Justice Investigation Bureau within two business days of approval.
FSC Laws and Regulations Retrieving System ↗Amid the 2017 ICO boom, the FSC reissued its virtual-commodity classification and warned the public of speculative risks, while signalling that tokens meeting securities criteria would be regulated under the Securities and Exchange Act, laying the conceptual groundwork for the 2019 STO framework.
Library of Congress — Regulatory Approaches to Cryptoassets: Taiwan ↗Taiwan - other topics
Crypto & Digital Assets in other countries
Last verified 5/23/2026 · Orientation, not legal advice - verify against the primary sources linked above. Methodology & how to cite · Explore the full world map →