The Executive Yuan reviewed the VASP special law this week, including regulations related to "stablecoins". The Financial Supervisory Commission's Peng Jinlong stated that if all goes well, we can see the issuance by financial institutions in June or July next year. (Background: The review of stablecoins by the end of 2025: You in the Red Mansion, I in Journey to the West) (Additional context: The Chinese government has officially expressed its stance on stablecoins, marking the end of the gray fantasy era for StableCoins) Today, during an inquiry session at the Legislative Yuan, Financial Supervisory Commission Chairman Peng Jinlong stated that the first phase of Taiwan's stablecoin regulatory framework will be based on risk management, with "financial institutions" taking the lead as issuers. The Virtual Asset Service Act will be reviewed by the Executive Yuan this week, and if it is submitted to the Legislative Yuan during this session and successfully passed in the next session, we could see Taiwan's stablecoin launched as early as June or July next year. Timeline for Taiwan's stablecoin regulation:  2025/6/27: The Financial Supervisory Commission will submit the draft of the "Virtual Asset Service Act" to the Executive Yuan, which includes a chapter on "Stablecoin Issuance and Management."​⁠ 2025/7/25: The Executive Yuan convenes a cross-ministerial discussion meeting to further study the draft content.​⁠ 2025/12/3: Chairman Peng Jinlong stated at the Legislative Yuan that if the draft is submitted during this session and passes the third reading in the next session, the Financial Supervisory Commission can complete subsidiary regulations within six months, with the stablecoin being launched "as early as the second half of next year"; the first phase of issuance will prioritize "financial institutions".​⁠ ​⁠ As early as: Taiwan's stablecoin could be realized between June and July 2026. The actual launch time depends on the Legislative Yuan's review and the progress of the Financial Supervisory Commission's subsidiary regulations. Related reports: Trump signs the "Taiwan Assurance Implementation Act", requiring the US to strengthen Taiwan-US relations every five years. The strongest credit card in 2025! Ether.Fi comprehensive tutorial: 3% cashback across all channels, USDT direct payment, Taiwan tested.. "Financial Supervisory Commission Peng Jinlong: Taiwan's stablecoin will be issued first by "financial institutions", launching as early as June 2026" was first published on BlockTempo (the most influential blockchain news media).