Taiwan

Taiwan maintains a legal and regulated environment for cryptocurrencies, with operative AML registration under the Money Laundering Control Act and a draft Virtual Asset Services Act pending legislative approval. The Financial Supervisory Commission actively issues regulations and enforcement actions related to financial and crypto sectors.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regionasia pacific
CurrencyTWD

Tax Information

VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorFSC Taiwan
FrameworkMoney Laundering Control Act VASP AML Registration
Easemedium
Cost (USD)$20,000 - $100,000

VASP operators must register under AML regulations; a comprehensive Virtual Asset Services Act is pending legislative approval.

Enforcement Activity

Level: Moderate

No detailed enforcement information available

CBDC

StatusResearch
NameTaiwan CBDC
Issuing AuthorityThe Central Bank of Taiwan
Modelhybrid

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyAPG
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: unregulated

DeFi activities are currently unregulated but operate within the broader legal framework for virtual assets.

Stablecoins

Status: unknown

A dedicated stablecoin framework is included in the pending Virtual Asset Services Act (VASA). Until VASA is enacted, stablecoins fall under general VASP AML registration requirements. The draft requires FSC approval, reserve segregation at domestic banks, and restricts initial issuance to licensed financial institutions.

NFTs

Status: unregulated

Mining

LegalYes
Electricity Cost$0.09/kWh
Renewable Energy15%
Infrastructuregood

Mining is legal with moderate electricity costs and good infrastructure; renewable energy share is modest.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index65/100
Banking Accessopen
Sanctions Program ActiveNo

Risk Factors

Taiwan is politically stable with open banking and internet freedom; main risk is geopolitical tension with China.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Taiwan?

Taiwan maintains a legal and regulated environment for cryptocurrencies, with operative AML registration under the Money Laundering Control Act and a draft Virtual Asset Services Act pending legislative approval. The Financial Supervisory Commission actively issues regulations and enforcement actions related to financial and crypto sectors.

What is the FATF status of Taiwan?

Taiwan is classified by FATF as: compliant.

Are VASPs licensed in Taiwan?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Taiwan?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-06 · Data source: Soken Crypto Legal Map

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