Taiwan VASP Transfer Rules Phase 1 Effective October 2026

Taiwan FSC mandates phased virtual asset transfer rules. Phase 1 for domestic VASPs starts Oct 2026, requiring enhanced KYC for transfers over NT$30,000.

Woofun AI reports that Taiwan’s Financial Supervisory Commission will enforce virtual asset transfer regulations in stages. The initial phase, targeting transfers between domestic virtual asset service providers, is scheduled to commence in October 2026, with cross-border extensions planned for late 2027.

The framework mandates that users disclose basic counterparty details, including names and wallet identifiers, for all transactions regardless of value. For single transfers exceeding NT$30,000, individuals must submit dates of birth and addresses, while corporations must provide official identification numbers and registration addresses. Receiving platforms are required to verify this data.