# Taiwan Passes a Strict Crypto Law as Regulators Draw Harder Lines

Taiwan's legislature approved licensing, full stablecoin reserves and prison terms of up to seven years, part of a broader tightening of crypto rules across several countries.

- Published: 2026-07-01T10:31:41.172Z
- Canonical: https://polylog.news/crypto/2026-07-01/taiwan-passes-a-strict-crypto-law-as-regulators-draw-harder
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/07/01/taiwan-s-sweeping-crypto-law-raises-the-bar-with-licensing-reserve-mandates-and-tough-penalties), [CryptoSlate (UK)](https://cryptoslate.com/fca-finalizes-uk-crypto-rules-as-firms-face-2027-access-deadline/), [CoinDesk (Poland)](https://www.coindesk.com/policy/2026/07/01/why-poland-is-the-only-eu-country-where-crypto-firms-can-t-get-a-mica-license)

Taiwan's Legislative Yuan passed the Virtual Asset Service Act on June 30, sending it to the president for final signing. The law requires all virtual-asset service providers to obtain licenses from the Financial Supervisory Commission and…

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