Taiwan FinTech Chair Urges Cross-Border Rules for Digital Money

Artificial intelligence, blockchain, stablecoins and programmable payments are converging into a new infrastructure layer for cross-border finance and supply-chain transactions. Wang Li-ling, chair of the Taiwan FinTech Association, said digital currencies could shorten settlement times and reduce the cost of moving funds across borders. The shift matters for banks and trading companies because it could replace fragmented payment channels with faster, increasingly automated systems.

Speaking at a recent summit, Wang said the benefits of cross-border digital money depend on governance arrangements that extend beyond any single jurisdiction. She called for coordinated rules covering stablecoin reserves, redemption rights and regulatory accountability, alongside mechanisms that allow authorities and market participants to establish mutual trust. Without such safeguards, she warned, payment innovation could advance faster than supervision and leave unresolved risks as digital currencies become embedded in global financial and supply-chain networks.