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Greenland vs Taiwan

Crypto regulation comparison

Greenland

Greenland

Taiwan

Taiwan

No Data
Legal

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Taiwan regulates cryptocurrency under FSC guidance. In 2023, the FSC was designated as the primary regulator for virtual assets. VASPs must register and comply with AML regulations. Taiwan has a vibrant crypto community and several compliant exchanges. Crypto income is subject to income tax at progressive rates.

Tax Type Unclear
Tax Type Income
Tax Rate N/A
Tax Rate 5-40%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator FSC (Financial Supervisory Commission)
Stablecoin Rules -
Stablecoin Rules Under FSC guidance; stablecoins treated as virtual assets
Key Points

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Key Points
  • FSC designated as primary crypto regulator in 2023
  • VASPs must comply with AML/CFT rules and register with the FSC
  • Self-regulatory guidelines issued for VASP industry (2023-2024)
  • Crypto income taxed at progressive rates (5-40%)
  • Major exchanges include MaiCoin/MAX, BitoEX/BitoPro
Sources

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