[Sub-legislation and Stablecoin Regulations for Virtual Assets in Taiwan, Expected to Be Implemented as Early as Q1 Next Year] Peng Jinlong, head of Taiwan's financial regulatory authority, stated that the Virtual Asset Service Providers Act was passed on June 30 this year. Taiwan's financial regulatory authority is currently drafting nine sub-legislations, including stablecoin regulations, which are expected to be implemented as early as the first quarter of next year. With rising demand for cross-border payments, trade financing, and fund allocation in the semiconductor supply chain, stablecoins, blockchain, and financial technology are regarded as new foundational infrastructures supporting cross-border financial flows.