Taiwan Stock Exchange releases two major guidelines: "Stablecoin Trading Accounting Treatment" and "Internal Control System for Cryptocurrency Holdings," specifically mentioning USDT and USDC.

Taiwan-listed companies buying coins and holding stablecoins now have clear regulations! The Taiwan Stock Exchange (TWSE) released two major guidelines on cryptocurrency assets today (29th). Regarding accounting treatment, it specifies that when companies hold USDT, USDC, and other stablecoins, they must recognize them as financial assets, intangible assets, or inventories based on relevant regulations and regulatory status. In terms of internal controls, companies are required to establish a cryptocurrency management unit overseen by the "Board of Directors," and implement multi-signature and cold/hot wallet management mechanisms, fully strengthening the risk control and information transparency of corporate investments in Web3 assets.
(Background: Financial Supervisory Commission: Taiwanese import/export companies "are already using stablecoins for payments," and some banks are planning deployments)
(Additional background: Taiwan’s Executive Yuan releases a comprehensive interpretation of the "Virtual Asset Service Law" draft! New provisions related to stablecoins, with penalties up to 10 years for fraud and manipulation)

As Web3 and cryptocurrencies become increasingly prevalent in global corporate investment, trading, and payment applications, Taiwan’s traditional capital markets are also officially entering the foundational infrastructure for connecting with virtual assets.

On May 29, 2026, the Taiwan Stock Exchange (TWSE) issued an official announcement, announcing that it has commissioned professional institutions to research and officially launch two guidelines: "Stablecoin Transaction Accounting Treatment" and "Internal Control System for Holding Cryptocurrencies." These aim to help Taiwanese listed companies enhance transparency and risk management of cryptocurrency information, ensuring that companies engaging in digital assets operate within a legal framework.

Stablecoin Accounting Treatment: Recognized in three categories, highlighting USDC and USDT

In terms of accounting recognition, the exchange and the Taipei Exchange (TPEx) jointly commissioned the "Accounting Research and Development Foundation" to develop relevant principles, successfully completing the "Guidelines for Stablecoin Transaction Accounting Treatment."

These guidelines specifically focus on the most common market transaction types of USDC and USDT, and include four practical case studies. The guidelines clearly state that when companies hold stablecoins, they cannot be treated uniformly; instead, classification must be based on the "current regulations" and the "latest user terms published by the stablecoin issuer."

Depending on whether the stablecoin is regulated by legislation, companies need to determine whether the holder has contractual rights to receive cash or other financial assets, and classify the held stablecoins into one of the following three assets:

2. Financial Asset
3. Intangible Asset
4. Inventory

Internal Controls for Cryptocurrencies: Must be overseen by the Board of Directors, with multi-signature implementation

Beyond financial statement recognition, protecting against hacking and internal fraud through "cybersecurity and internal controls" is crucial for companies holding cryptocurrencies. Therefore, the TWSE also released the "Internal Control Guidelines for Holding Cryptocurrencies," clearly defining four management areas that listed companies must cover, with strict control points:

| Internal Control Area | Core Control Requirements and Protective Mechanisms | | --- | --- | | 1. Organization and Management Units | Establish a dedicated cryptocurrency management unit supervised by the Board of Directors; staff must have expertise in cryptocurrencies and information security, with clear transaction limits and loss thresholds. | | 2. Wallet Creation and Custody | Establish virtual wallet management and multi-signature (Multi-sig) mechanisms; enhance the security of private keys and separation of permissions; plan the ratio of hot to cold wallets; if entrusted to third-party custodians, strengthen risk controls. | | 3. Transaction and Transfer Evaluation | For acquisition, disposal, conversion, and transfer of cryptocurrencies, pre-assess the reasonableness and necessity of transactions, and strictly operate within authorized limits and approval rights. | | 4. Audit and Public Disclosure | Implement transaction verification and layered approval mechanisms; when thresholds are reached, ensure proper public announcement and reporting of asset acquisition or disposal. |

The TWSE emphasizes that the release of these two guidelines aims to align with international virtual asset regulatory trends. Not only do they assist listed companies in applying consistent accounting standards when holding stablecoins, but they also improve cryptocurrency risk management systems, significantly enhancing market transparency and corporate governance quality, ensuring smoother practical operations as companies connect with the Web3 era.