The Taiwan Virtual Asset Special Act is approaching a critical legislative review phase, opening a new wave of development opportunities for the industry. A central point of discussion among stakeholders is whether the bill will include provisions for crypto asset derivatives—an element still under deliberation. As regulatory clarity looms, the Bitcoin and Virtual Asset Development Association is hosting the "2025 Virtual Asset Future: Derivatives Regulation Policy Forum" on July 8, 2025, at the International Conference Center of Hua Nan Bank Headquarters. This pivotal event brings together government regulators, financial institutions, legal experts, and blockchain innovators to explore practical and legal pathways for integrating virtual asset derivatives into Taiwan’s financial ecosystem.
Co-organized by leading industry players including BitoPro, HOYA BIT, MaiCoin, Liminal Custody, and Chung Hua Financial Management College, the forum aims to foster cross-sector dialogue on regulatory frameworks, innovation, and global alignment.
Keynote Insights from Regulators and Lawmakers
The forum kicks off with an opening address by Deputy Chairperson Yen-Liang Chen of the Financial Supervisory Commission (FSC), setting the tone for a forward-looking regulatory discussion. His presence underscores the government’s growing engagement with digital asset innovation.
Following this, Legislators Ju-Hsuan葛 (Ge) and Shan-Shan Huang (黃珊珊) will deliver keynote lectures on "Taiwan’s Virtual Asset Special Act: Goals and Expectations." Their insights will shed light on legislative intent, balancing investor protection with market competitiveness in a rapidly evolving digital economy.
👉 Discover how global financial hubs are shaping crypto regulation—see what Taiwan can learn.
Panel 1: Derivatives Framework – Legal Blueprint and Growth Opportunities
Moderated by Dr. Pei-Ling Hsu, Chairperson of the Bitcoin Association and Director of the Institute of Financial Technology at Chung Hua Financial Management College, the first panel dives into:
"Virtual Asset Derivatives: Taiwan’s Regulatory Blueprint and Development Opportunities."
Panelists include:
- Eric Liu, CEO of MaiCoin Group
- Kevin Cheng, CEO of BitoPro and Chair of the VASP Industry Association
- Dr. Jin-Ji Chen, Professor and Director of the Finance Program at Chung Hua Financial Management College
This session examines how Taiwan can design a derivatives framework that encourages innovation while ensuring compliance with international standards such as FATF guidelines and IOSCO principles. Topics include margin trading, leverage limits, clearing mechanisms, and risk management protocols.
The discussion also explores how regulatory sandboxes could be used to test new products like perpetual swaps or options contracts in a controlled environment—paving the way for formal market entry.
Panel 2: Launching a Virtual Asset ETF in Taiwan
Can Taiwan support a locally issued virtual asset exchange-traded fund (ETF)? This panel tackles the feasibility, regulatory prerequisites, and infrastructure challenges.
Chaired by Attorney Hong-Yu Lin, Honorary Chair of the Bitcoin and Virtual Asset Development Association, speakers include:
- David Dai, Deputy General Manager of Far Eastern Commercial Bank’s Digital Financial Division
- Associate Professor Lin Meng-Hsiang from Ming Chuan University’s Fintech Institute
- Joanna Kuo, Sales Lead at Liminal Custody Taiwan
Key considerations include:
- Custodial requirements and cold storage standards
- Price index methodologies and benchmark transparency
- Investor suitability rules and retail access thresholds
- Coordination between FSC, exchanges, and custodians
With spot Bitcoin ETFs already live in the U.S. and Hong Kong, momentum is building across Asia. This panel evaluates whether Taiwan has the institutional readiness—and political will—to join this trend by 2025–2026.
Panel 3: Corporate Bitcoin Holdings – Accounting & Listing Guidelines
As more companies consider adding Bitcoin to their balance sheets—following models like MicroStrategy and Japan’s MetaPlanet—this panel addresses a crucial question:
How should virtual assets be accounted for under Taiwan’s GAAP or IFRS?
Led by Attorney Hsu Hsiao-Po, Chief Advisor at Heng Yeh Law Firm, participants include:
- Richie Chen, Practicing CPA at KPMG
- Alice Peng, Founder of HOYA BIT
- CPA Hsiang-Yu Cheng
- Blockchain Consultant Jian-Si Li
The session reviews current accounting treatments:
- Classification as intangible assets (not currency)
- Impairment rules and write-down risks
- Disclosure requirements for public filings
- Tax implications for unrealized gains
It also explores how listed companies might navigate disclosure obligations when holding large BTC positions—a growing concern for auditors and regulators alike.
👉 See how institutional investors are integrating crypto into traditional portfolios.
Special Session: Global Regulatory Models – Hong Kong VASP & EU MiCA
Understanding international frameworks is essential for shaping local policy. This dedicated session decodes two landmark regimes:
- Hong Kong’s VASP Licensing Regime: Since June 2023, all crypto platforms must be licensed. What lessons does this offer Taiwan?
- EU’s Markets in Crypto-Assets (MiCA) Regulation: Effective 2024–2025, MiCA sets a unified standard across Europe. How might it influence Asian regulators?
Hosted by Joe Pan of Blockwind News, speakers include:
- Sam Long, CEO of PQA Labs
- Sharon Tsai, VP of Crystal Intelligence
They analyze compliance costs, anti-money laundering (AML) expectations, consumer protection measures, and cross-border interoperability.
This comparative study helps identify best practices Taiwan could adopt—especially around licensing criteria, capital adequacy, and operational transparency.
Core Keywords Integration
Throughout this forum, several core themes emerge—each representing a strategic keyword cluster vital for SEO and industry relevance:
- Virtual Asset Regulation – Central to legislative efforts in Taiwan and globally.
- Crypto Derivatives – A high-growth segment requiring robust risk controls.
- Bitcoin ETF – Symbolizes institutional adoption and market maturity.
- Blockchain Policy – Guides long-term digital finance strategy.
- Cryptocurrency Accounting – Critical for corporate treasuries and auditors.
- MiCA Regulation – Benchmark for comprehensive crypto oversight.
- VASP Licensing – Key to platform compliance in regulated markets.
- Institutional Crypto Adoption – Drives demand for regulated products.
These keywords are naturally embedded across discussions on lawmaking, finance, technology, and global trends—ensuring alignment with user search intent.
Frequently Asked Questions (FAQ)
Q1: What are virtual asset derivatives?
Virtual asset derivatives are financial contracts whose value is based on an underlying cryptocurrency (e.g., Bitcoin futures, options, or perpetual swaps). They allow traders to speculate on price movements without owning the actual asset.
Q2: Why is Taiwan considering crypto derivatives regulation now?
With increasing retail participation and institutional interest, regulators aim to prevent systemic risks while fostering innovation. The upcoming Virtual Asset Special Act provides a timely opportunity to establish clear rules.
Q3: Can Taiwanese companies currently hold Bitcoin on their balance sheets?
Yes, but accounting standards classify crypto as an intangible asset subject to periodic impairment testing. Unlike cash or inventory, it cannot be revalued upward once written down.
Q4: How does MiCA impact non-EU countries like Taiwan?
MiCA sets a global benchmark for comprehensive crypto regulation. While not binding outside Europe, it influences policy design in jurisdictions aiming to attract international platforms.
Q5: Is a Bitcoin ETF likely in Taiwan by 2026?
While feasible, it depends on progress in custodial infrastructure, auditing standards, and regulatory confidence. The July 8 forum may signal early momentum toward such a product.
Q6: What role do VASPs play in regulated markets?
Virtual Asset Service Providers (VASPs) include exchanges and custodians. Under frameworks like Hong Kong’s or MiCA, they must meet licensing, AML/KYC, and capital requirements to operate legally.
Final Thoughts: Shaping Taiwan’s Digital Finance Future
The July 8 forum isn’t just about policy—it’s about positioning Taiwan at the forefront of Asia’s digital asset evolution. By addressing derivatives, ETFs, accounting standards, and global benchmarks head-on, stakeholders can co-create a regulatory environment that is both safe and innovative.
👉 Stay ahead of regulatory shifts—explore tools used by top crypto institutions.
As the world moves toward greater crypto integration, events like this serve as catalysts for informed decision-making—ensuring Taiwan remains competitive in the global Web3 landscape.