Taiwan prepares rules for crypto exchanges—how strict are the requirements?
Minimum capital for exchanges & custodians: NT$100 million | 8 draft FSC rules (Nov. 3, 2026)
Taiwan’s Financial Supervisory Commission (FSC) has released 8 draft regulations for crypto service providers. Key points:
1. Tiered paid-in capital requirements — Exchanges and custodians must have at least NT$100 million. Crypto lending platforms must have NT$200 million. Crypto asset exchange, transfer, or underwriting businesses must each have NT$50 million. If a company offers multiple services, the requirements are added together.
2. Security deposits — Exchanges and custodians must deposit NT$30 million, while lenders must deposit NT$50 million. The amounts are added together if a company offers more than one service.
3. Banks can participate — Banks that already provide crypto custody can apply for licenses to offer exchange, transfer, custody, and underwriting services, but exchange and transfer services will be limited to corporate clients.
The Virtual Asset Service Act was promulgated on July 22 but has not yet taken effect. The public has 40 days to submit comments. The technical rules and the Act are planned to take effect on the same day.
#Regulasi #Taiwan #Kripto #Exchange #BinanceSquare
Minimum capital for exchanges & custodians: NT$100 million | 8 draft FSC rules (Nov. 3, 2026)
Taiwan’s Financial Supervisory Commission (FSC) has released 8 draft regulations for crypto service providers. Key points:
1. Tiered paid-in capital requirements — Exchanges and custodians must have at least NT$100 million. Crypto lending platforms must have NT$200 million. Crypto asset exchange, transfer, or underwriting businesses must each have NT$50 million. If a company offers multiple services, the requirements are added together.
2. Security deposits — Exchanges and custodians must deposit NT$30 million, while lenders must deposit NT$50 million. The amounts are added together if a company offers more than one service.
3. Banks can participate — Banks that already provide crypto custody can apply for licenses to offer exchange, transfer, custody, and underwriting services, but exchange and transfer services will be limited to corporate clients.
The Virtual Asset Service Act was promulgated on July 22 but has not yet taken effect. The public has 40 days to submit comments. The technical rules and the Act are planned to take effect on the same day.
#Regulasi #Taiwan #Kripto #Exchange #BinanceSquare
