Will Taiwan approve Bitcoin ETFs? FSC: Statement to be released by the end of June

📄Full Article· Automatically extracted by trafilaturaGemini 翻譯2159 words

Author: Max, Crypto City Bitcoin ETF review enters deep water, FSC promises results by the end of June The Finance Committee of the Legislative Yuan held a meeting on May 7, 2026, to conduct intense questioning regarding virtual asset regulation and digital finance development. KMT legislator Ge Ru-jun initiated the discussion, pointing out that global digital assets are accelerating their concentration toward Taiwan, and the promotion of Bitcoin ETF has become an irreversible trend. Ge Ru-jun mentioned that international financial giants such as Morgan Stanley have recently joined the competition for Bitcoin spot ETF, indicating that traditional finance's embrace of digital assets is becoming increasingly formalized. He further revealed that he had submitted a research report titled "Bitcoin as a Reserve Asset," written by staff from the U.S. Senate, to the Financial Supervisory Commission (FSC), which details the pros and cons and legal suggestions for including Bitcoin in national reserves. FSC Chairperson Peng Jin-long responded that he had read the report and understood the diverse advantages of treating Bitcoin as a reserve asset. Regarding the progress of Bitcoin ETF, which is the market's primary focus, Peng admitted that the execution results and analysis reports submitted by the Bankers Association every six months have been received by the FSC and are currently under intensive internal discussion. When pressed by Ge Ru-jun for a clear policy timeline, Peng promised a rolling review every six months, expecting to provide an update on the feasibility and discussion results of Bitcoin ETF by the end of June 2026. Ge Ru-jun emphasized that countries around the world are competing for the status of digital asset management centers. If Taiwan can complete its legal framework early, it will help attract global capital and prevent the outflow of funds interested in such products. RWA tokenization opens a new chapter in asset management, with bonds and gold as leading indicators In addition to ETF, the tokenization of Real World Assets (RWA) became another core focus of the day's questioning. DPP legislator Chung Chia-pin and Ge Ru-jun both showed high interest in this area. Ge Ru-jun cited the latest moves by the Depository Trust & Clearing Corporation (DTCC), noting that the institution has been authorized by the U.S. Securities and Exchange Commission (SEC) to plan the full tokenization of assets worth up to $114 trillion. This move, which has shocked the global financial market, is seen as a major milestone in driving asset value toward digitalization. Chung Chia-pin, starting from the perspectives of "centennial trusts" and "asset inheritance," asked how the FSC could retain Taiwan's private wealth and attract the return of overseas assets through asset tokenization. Peng Jin-long pointed out that the FSC is committed to promoting the Asia-Pacific Asset Management Center, and RWA will be an important application scenario in the future. The initial plan is to adopt an experimental approach, prioritizing the tokenization of "bonds" and "gold." Peng explained that these two assets were chosen because they are easy to value, and compared to funds with complex account structures, the execution difficulty for bonds and U.S. Treasuries is lower in the early stages of tokenization. Chung Chia-pin immediately suggested that bills and Real Estate Investment Trusts (REITs) should also be included in the scope of RWA, believing this would help enrich tokenization content and combine it with public infrastructure fundraising. Peng expressed an open attitude, stating that the spirit of RWA lies in the possibility of tokenizing any asset. In the future, the FSC will refer to international trends to gradually expand the scope of targets and include REITs in the development blueprint. Drawing on the stablecoin regulatory frameworks of Japan and the U.S. to promote the connection between virtual assets and fiat currency Regarding the connection between virtual assets and the physical financial system, Ge Ru-jun shared Japan's successful experience in the digital finance industry. He pointed out that Japan adopts a decentralized regulatory model, allowing experienced financial institutions to be responsible for the underwriting and issuance of virtual assets, while trust banks are responsible for holding 1:1 fiat currency reserves to issue stablecoins. Subsequently, regulated Virtual Asset Service Providers (VASP) handle circulation and trading, ensuring the legal listing and settlement functions of stablecoins on platforms. Ge believes that this win-win model allows traditional banks and startups to share profits and is an important reference for Taiwan when formulating sub-laws related to VASP. In addition, Ge Ru-jun mentioned the progress of the U.S. "CLARITY Act," especially regarding the controversy over whether stablecoins can generate yield. A compromise has emerged in the U.S. According to the direction of the act, passive fixed interest may be restricted, but if users have specific active activities linked to rewards, there is room for compliance. Peng Jin-long stated that the FSC is closely monitoring the regulatory status of various countries, including new regulations that may be released internationally between June and

Data Status✓ Full text extractedRead Original (區塊客)

🔍Historical Similar Events· Keyword + Asset Matching5 items

2026-05-07

21Shares Debuts First ETF Focused on Canton Network Crypto Token

Similarity 120%關鍵字 etf同分類 hot

2026-05-04

Adam Back responds to Bloomberg "I am not Satoshi": Bitcoin having no founder is an advantage, ETF institutions are just custodians

Similarity 120%關鍵字 etf同分類 hot

2026-05-03

AI Capex Boom Drives Hottest ETF Trade Into Semiconductors, Not Crypto

Similarity 120%關鍵字 etf同分類 hot

2026-05-02