Taiwan’s Financial Supervisory Commission has introduced a regulatory framework for stablecoins issued by banks. This initiative aims to improve the integration of fiat and digital currencies, positioning Taiwan as an innovative player in the changing financial landscape.

The new framework is anticipated to offer clarity and security for financial institutions interested in issuing stablecoins. It fosters innovation while ensuring consumer protection, which is essential in today’s rapidly evolving financial environment.

  • Enables safe and cost-effective cross-border transactions.
  • Enhances international payment processes.
  • Strengthens Taiwan’s economic competitiveness.
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