Taiwan Stock Exchange Issues Stablecoin Accounting and Crypto Internal-Control Guidelines

Stablecoins have expanded beyond crypto trading into corporate payments and treasury management. Whether USDT and USDC can be redeemed for cash determines whether they are classified as financial assets, intangible assets or inventory, affecting profit and loss calculations and disclosures. The Taiwan Stock Exchange and Taipei Exchange therefore commissioned the Accounting Research and Development Foundation to establish consistent standards under IFRS.

On May 29, 2026, the two exchanges issued a pair of guidelines. Regulated stablecoins redeemable at a face value of $1 per token are classified as financial assets, while those without redemption rights are treated as intangible assets with indefinite useful lives under IAS 38. The internal-control rules require board oversight and multisignature authorization. The market value of assets in hot wallets must not exceed 15% of the total market value of crypto holdings, and any breach must be corrected within five business days.