Taiwan's FSC is set to propose legislation that would enable local banks to issue stablecoins pegged to the New Taiwan Dollar ...
Taiwan plans to propose a law by June 2025 allowing banks to issue stablecoins, enhancing virtual asset trading with TWD.
Taiwan's FSC proposes TWD-pegged stablecoins for banks, ensuring strict requirements & central bank oversight to balance innovation with stability.
The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of ...