• Taiwan Passes Crypto and Stablecoin Bill in Major Regulatory Shift
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    Taiwan Passes Crypto and Stablecoin Bill in Major Regulatory Shift

    Taiwan mandates licenses for crypto firms under the new Virtual Asset Service Act. Stablecoin issuers need central bank and FSC approval with full reserve backing. New law imposes tougher penalties for fraud, manipulation, and unlicensed operations. Taiwan has passed the Virtual Asset Service Act, establishing its first comprehensive legal framework for cryptocurrency businesses and stablecoin…