Taiwan

Taiwan has a clear regulatory framework for cryptocurrencies, including a Virtual Asset Service Provider Registration system. The Financial Supervisory Commission actively monitors and updates regulations to ensure compliance and consumer protection.

Overview

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

Tax Information

Capital Gains (Personal)No specific crypto tax; income tax may apply at 5-40% progressive rates
Capital Gains (Corporate)20% profit-seeking enterprise income tax
VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorFSC Taiwan
FrameworkMoney Laundering Control Act VASP AML Registration (operative); Virtual Asset Services Act (VASA) draft pending Legislative Yuan
Easemedium
Cost (USD)$20,000 - $100,000

Crypto service providers must register with the Financial Supervisory Commission under the VASP registration framework.

Enforcement Activity

Level: Moderate

No detailed enforcement information available

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberNo
FATF Statusfsrb_only
FATF BodyAPG
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities are subject to regulatory oversight under existing financial laws and VASP registration requirements.

Stablecoins

Status: framework_pending

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 a temperate climate favorable for cooling. Infrastructure is good for mining operations.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index68/100
Banking Accessopen

Risk Factors

Taiwan is not under OFAC, EU, or UN sanctions. CPI 2025 score improved to 68 (24th globally, record best). Cross-strait tensions have intensified materially: China conducted 'Justice Mission 2025' military exercises in December 2025 simulating a full blockade — largest exercises since 2022. CFR classifies Taiwan as most dangerous geopolitical flashpoint. Taiwan legislature passed special defense budget NT$780bn (May 2026). Banking access remains open; internet remains free per Freedom House.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Taiwan?

Taiwan has a clear regulatory framework for cryptocurrencies, including a Virtual Asset Service Provider Registration system. The Financial Supervisory Commission actively monitors and updates regulations to ensure compliance and consumer protection.

What is the FATF status of Taiwan?

Taiwan is classified by FATF as: fsrb_only.

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: 2026-06-01 · Data source: Soken Crypto Legal Map

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