Taiwan’s Financial Supervisory Commission (FSC) says the country may see its first locally issued stablecoin as early as the second half of 2026, depending on how smoothly lawmakers move through the new crypto bill.
As per a report, FSC Chairman Peng Jin-long told legislators during a recent hearing that the stablecoin plan is tied to the Virtual Assets Service Act, which is currently moving through the review process.
He added that if the bill progresses without delays, it could complete its third reading in the next legislative session.
Once the FSC announces the detailed rules needed to support the new law, there will be a six-month waiting period before anything can officially launch. Peng said this timeline puts the earliest possible release in “the latter half of 2026 at the earliest.”
A major question that still has no answer is what currency the stablecoin will follow. Peng said the token could be pegged to the U.S. dollar or the New Taiwan dollar (NTD), but no final choice has been made.
You need to login in order to Like
Leave a comment