台灣首批 VASP 合規業者出爐：金管會核准九家公司，開啟穩定幣支付新時代
- 前半段為文章的英文版本 (The first half is the English version)
- 後半段為中文版本 (The second half is the Mandarin version)
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Taiwan’s First Licensed VASPs: FSC Approves Nine Companies, Opening a New Era for Stablecoin Payments
The Financial Supervisory Commission (FSC) of Taiwan today officially announced that it has approved the Virtual Asset Service Provider (VASP) registration applications of nine companies, including KryptoGO. These companies are now qualified to operate as “virtual asset transfer businesses.” This marks not only a milestone for Taiwan’s Web3 financial regulation but also the beginning of a new era for corporate cross-border payments and supply chain settlement.
Taiwan Enters the Era of Crypto Compliance
Taiwan’s financial regulation is known for being strict. With the implementation of the VASP registration system, companies are required to meet high standards in AML compliance, cybersecurity, internal controls, and governance to operate legally.
In this first wave, only nine companies passed the review, while 18 other firms were ordered to exit the market. This means Taiwan’s crypto industry has officially moved from the “gray zone” into a legal, regulated framework. For enterprises, using stablecoins for payments will now require cooperation with compliant VASPs, signaling the start of industry consolidation.
📋 The Nine Licensed VASPs
According to the FSC’s announcement, the nine approved companies are:
- Hoya Digital Technology (HOYA BIT)
- Pioneer Digital Technology (ZONE Wallet)
- MaiCoin Group (MaiCoin / MAX Exchange)
- KryptoGO Technology
- Fuson Digital (TWEX)
- Chainss Technology (Atrix)
- BitoPro Technology (BitoPro Exchange)
- Hongzhu Digital (HzBit)
- XREX Inc.
This list includes major local exchanges (BitoPro, MaiCoin), cross-border settlement platforms (XREX), and innovative RegTech providers (KryptoGO). The diversity reflects how Taiwan’s crypto market is segmenting into different roles.
KryptoGO’s Role: An Enterprise-Grade Transfer Platform
Among the nine, KryptoGO stands out. Unlike traditional exchanges or consumer wallets, it positions itself as an enterprise-grade virtual asset transfer platform.
- Batch payments: Pay multiple overseas suppliers simultaneously
- Conditional payments: Trigger transfers based on specific time or contract conditions
- Multi-party fund aggregation: Useful for cross-border e-commerce and supply chain management
Crucially, KryptoGO adheres to a non-custodial principle—enterprises retain control of their assets and keys, while the platform handles compliance, security, and efficiency.
In practice, traditional cross-border wire transfers incur 0.5%–1.5% fees and take 2–3 days. With a licensed VASP, costs drop dramatically and settlement time shrinks to minutes. For manufacturers or retailers processing thousands of monthly transactions, this can save hundreds of thousands of dollars annually.
Stablecoins: From Speculation to Real-World Utility
Why does Taiwan need VASPs? The answer lies in stablecoins.
- USDC and USDT are already dominant in global cross-border payments.
- PYUSD (PayPal USD) has brought stablecoins into mainstream consumer payments.
- FDUSD (First Digital USD), issued in Hong Kong, highlights the region’s regulatory push.
For enterprises in Taiwan, stablecoins mean fast, low-cost, and compliant USD settlement. Instead of being limited to costly wire transfers, companies can now legally use stablecoins through VASPs, lowering risks and boosting competitiveness.
International Comparison: Asia’s VASP Frameworks
Taiwan is not alone in regulating crypto service providers. Other Asian financial centers have also implemented VASP systems:
| Country/Region | Regulator | Law/Framework | Features |
|---|---|---|---|
| Singapore | MAS | Payment Services Act (PSA) | Licensing regime, strong compliance standards, attractive to global fintechs |
| Japan | FSA | Payment Services Act | Early mover, mandates client asset segregation |
| Hong Kong | SFC | AMLO amendments | VASP License, aligning with traditional finance to build a crypto hub |
| South Korea | FSC/FIU | “Special Act” (特金法) | Requires ISMS certification and real-name bank accounts |
| Taiwan | FSC | AML Act, Article 5-1 + VASP regime | Emphasis on AML, internal controls, and cybersecurity; only 9 approved in first batch |
Taiwan’s approach is quality over quantity. Unlike Hong Kong or Singapore, which promote themselves as global crypto hubs, Taiwan opts for strict filtering, leaving only a handful of trusted providers.
What It Means for Taiwan’s Crypto Industry
- Legalization of the Industry
- Crypto services are no longer operating in a gray zone.
- Banks and enterprises will now find it easier to collaborate with compliant VASPs.
- Industry Upgrade & Consolidation
- Only firms with strong compliance, security, and governance survive.
- Smaller, speculative operators are phased out, raising overall professionalism.
- Connection to the Real Economy
- Manufacturers, precision industries, and e-commerce can legally use stablecoins for payments and settlements.
- Significant cost savings and efficiency gains compared to traditional remittances.
- Taiwan’s International Role
- With strict oversight and strong engineering talent, Taiwan has the chance to position itself as a RegTech and secure payment infrastructure exporter in Asia.
- Rather than chasing trading volume, Taiwan could become a trusted hub for compliant crypto finance.
Conclusion: A Small Market with a Big Role
Taiwan may not have the retail crypto trading scale of Korea or Japan, but with the launch of the VASP regime, it now has a clean, compliant foundation.
This means Taiwan’s crypto future lies not in becoming a speculative trading powerhouse, but in developing three pillars: compliance, R&D, and enterprise-grade payment applications. With players like KryptoGO, XREX, BitoPro, and even global firms like Binance setting up R&D teams in Taiwan, the country is shaping up to be a vital yet unique player in Asia’s digital finance ecosystem.
Further Reading
- Virtual Asset Services Act: Shaping Taiwan’s Digital Assets Future
- KryptoGO Among First Firms to Secure Taiwan’s VASP Registration, Marking a Pre-Licensing Milestone
- KryptoGO Official Website
- Taiwan’s Crypto Market & Regulations
- A Turning Point in Taiwan–South Korea Export Rivalry: Supply Chains in the Age of AI
- Taiwan GDP Per Capita Breaks $40,000: A Milestone, Not the Finish Line
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台灣首批 VASP 合規業者出爐：金管會核准九家公司，開啟穩定幣支付新時代
金融監督管理委員會（下稱金管會）今日正式公告，核准重量科技股份有限公司（下稱 KryptoGO）等九家公司的虛擬資產服務提供商（下稱 VASP）登記申請，使其具備「虛擬資產移轉業務」資格。這不僅是台灣 Web3 金融監管的重要里程碑，也為企業跨境支付與供應鏈清算開啟了全新時代。
台灣邁入 Crypto 合規時代
台灣的金融監理一向以嚴格著稱。這次金管會推動 VASP 登記制，要求業者在 洗錢防制、資安、內控、法遵 各方面都達到國際水準，才能合法經營。
在這波審查中，僅 9 家業者通過，其他 18 家未完成登記的公司必須退出市場。這代表台灣 crypto 產業正式走出灰色地帶，進入「合法化、正規化」的新階段。未來企業若要使用穩定幣收付款，必須透過合規業者進行，這是產業洗牌的開始。
📋 首批九家合規 VASP 名單
根據金管會公告，首批取得資格的業者包含：
- 禾亞數位科技（HOYA BIT）
- 拓荒數碼科技（ZONE Wallet）
- 現代財富科技（MaiCoin / MAX）
- 重量科技（KryptoGO）
- 富昇數位（TWEX）
- 跨鏈科技（Chainss / Atrix）
- 幣託科技（BitoPro）
- 鴻朱數位（HzBit）
- 鏈科（XREX）
這份名單中，有本土大型交易所（BitoPro、MaiCoin）、跨境支付平台（XREX）、以及新創技術服務商（KryptoGO）。不同定位的業者共存，顯示台灣市場已逐漸分化出多元角色。
KryptoGO 的定位：企業級虛擬資產移轉平台
在九家業者中，KryptoGO 特別受到關注。它並非單純的交易所，而是專注於 「企業級虛擬資產移轉平台」。
- 批量支付：製造業可同時支付給多家海外供應商
- 條件化支付：依特定時間或條件觸發付款
- 多方資金歸集：適合跨境電商與供應鏈管理
在這些流程中，KryptoGO 嚴守「非託管原則」，客戶保有資產與私鑰，平台負責處理合規、資安與效率問題。
以效益來看，傳統跨境電匯手續費約 0.5%–1.5%，到帳需 2–3 天；透過穩定幣移轉平台，成本大幅下降、時間縮短到幾分鐘。對於每月上千筆交易的企業，可能一年省下數十萬美元。
穩定幣：從投機到落地應用
台灣企業為何需要 VASP？答案在於「穩定幣」。
- 美國 USDC / USDT 已是跨境支付主流
- PayPal 發行 PYUSD，讓穩定幣進入零售支付
- 香港 FDUSD，凸顯亞洲市場的合規化需求
對製造業與電商而言，穩定幣的價值在於 「快速、低成本、合規的美元結算」。
過去，企業常仰賴跨境電匯，現在可以合法地透過 VASP 來操作，降低風險、提高效率。
國際比較：亞洲的 VASP 監管
台灣不是唯一推動 VASP 制度的市場，其他亞洲金融中心也早有佈局：
| 國家/地區 | 主管機關 | 法規 | 特點 |
|---|---|---|---|
| 新加坡 | MAS | 《支付服務法》PSA | 嚴格執照制，吸引國際金融巨頭落地 |
| 日本 | FSA | 《資金決濟法》 | 最早立法，要求資產分離託管 |
| 香港 | SFC | 《AMLO》修訂 | 設 VASP 牌照，定位亞洲加密金融中心 |
| 南韓 | FSC/FIU | 《特金法》 | 要求 ISMS 認證，需銀行實名帳戶 |
| 台灣 | 金管會 | 《洗錢防制法》第 5 條之 1 | 強調 AML、資安與內控，首批僅 9 家過關 |
台灣的特色在於 「嚴格篩選，少量合規」，不像香港、新加坡以招商為主，而是走 品質導向，留下可信的少數業者。
對台灣 Crypto 產業的意義
- 產業合法化
- crypto 不再是灰色市場，而是正式納入監管。
- 銀行、金融機構將更容易與這些合規 VASP 合作。
- 產業升級與洗牌
- 僅剩具備資安、法遵、資本能力的少數業者。
- 弱小或投機型平台被淘汰，整體產業更專業化。
- 與實體經濟連結
- 半導體、精密製造、跨境電商能透過穩定幣收付款。
- 減少國際電匯的高費用與時間落差，提升競爭力。
- 台灣的國際角色
- 憑藉嚴格制度 + 資安人才，台灣有機會成為 合規科技（RegTech）與支付基礎設施 的輸出國。
- 不一定追求交易量第一，而是成為 亞洲可信的加密金融樞紐。
結語：小市場，大角色
台灣的 Crypto 消費市場規模不大，無法與韓國、日本相比。但隨著 VASP 登記制落地，台灣終於有了 合法、乾淨、合規 的產業基礎。
這代表台灣 crypto 的發展方向，將不是「炒幣大國」，而是 「合規、研發、支付應用」三合一的專業基地。未來，不論是幣安等國際巨頭在台設研發，還是本土新創如 KryptoGO、XREX、BitoPro 的崛起，台灣都有機會在亞洲加密金融版圖中，扮演關鍵而獨特的角色。
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