Taiwan has an advanced crypto ecosystem with developing regulation and high tech penetration.
Asia · TWD
Taiwan manufactures the chips that power global crypto mining via TSMC.
FSC announces crypto regulatory framework.
Mandatory licenses for exchanges.
Regulation expansion to DeFi.
Taiwan's FSC regulates exchanges with mandatory licensing since 2023. AML/KYC norms implemented. The government promotes blockchain innovation.
Regulated Taiwanese exchange with TWD pairs.
Global exchange popular in Taiwan.
Local Taiwanese exchange.
MAX Exchange/Binance > sign up.
KYC with Taiwanese ID.
TWD bank transfer.
Buy and send to wallet.
Losses deductible against gains.
May 31
Crypto gains are reported as capital income.
Income tax (capital gains)
May 31
Crypto and blockchain hub in Taipei.
| Country | Users | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇹🇼 TaiwanYou | 1.5M+ | ~6% | $500M+ anual | Regulated | MAX Exchange |
| 🇯🇵 Japan | 8M+ | ~7% | $8B+ anual | Regulated | bitFlyer |
| 🇰🇷 South Korea | 15M+ | ~30% | $15B+ anual | Regulated | Upbit |
| 🇸🇬 Singapore | 2M+ | ~35% | $3B+ anual | Regulated | Independent Reserve |
| 🇮🇳 India | 115M+ | ~8% | $5B+ anual | Restricted | Binance |
| 🇻🇳 Vietnam | 16M+ | ~16% | $2B+ anual | Regulated | Binance |
| 🇮🇩 Indonesia | 18M+ | ~6.5% | $3B+ anual | Regulated | Binance |
| 🇹🇭 Thailand | 12M+ | ~17% | $1.5B+ anual | Regulated | Binance |
| 🇵🇭 Philippines | 12M+ | ~10% | $2B+ anual | Regulated | Binance |
Continue your journey
Taiwan vs Japan
Access analysis, tools, and a community of active traders.