Taiwan crypto law: banks get first stablecoin issuance edge
The framework routes stablecoin issuance through regulated bank subsidiaries rather than open crypto firms, a structural win for incumbents that redefines who gets to mint.
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The framework routes stablecoin issuance through regulated bank subsidiaries rather than open crypto firms, a structural win for incumbents that redefines who gets to mint.
Virtual asset service providers will need an FSC license within 12 months, stablecoin issuers face 100% reserve mandates and dual central-bank approval, and unauthorized operators risk seven years in…
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