Taiwan Parliament Passes Crypto Regulatory Bill, Awaits Presidential Approval

Taiwan’s parliament has passed a landmark cryptocurrency regulatory bill that would create a formal oversight framework for exchanges and stablecoin issuers, pending presidential approval. The legislation introduces registration, reporting, consumer protection, reserve, and transparency requirements, along with likely AML and customer due diligence obligations. Market impact is broadly supportive for the crypto sector: while compliance burdens will rise, the bill may reduce regulatory uncertainty, improve legitimacy, and attract more institutional participation in Taiwan. The move also signals a shift from a loosely regulated environment to structured supervision, which could make Taiwan a model for other Asian jurisdictions. The article’s market relevance is regulatory rather than price-based, with implications for broader crypto sentiment and potentially for Bitcoin and other digital assets if clearer rules encourage adoption.