Taiwan’s Financial Supervisory Commission (FSC) has approved the first batch of Virtual Asset Service Providers (VASPs) under its new registration system. Out of dozens of applicants, only nine companies passed, while the rest were required to suspend operations.
Among the approved is KryptoGO, a Taiwan-based Web3 financial infrastructure provider backed by the National Development Fund. KryptoGO’s registration covers Virtual Asset Transfer Services, creating a regulatory foundation for enterprises to adopt stablecoin-based payments safely and compliantly.
Financial Technology Insights: Herbert Smith Freehills Kramer Appoints Burr Eckstut Partner
Kordan Ou, CEO of KryptoGO, highlighted the significance:
“This recognition is not just a permit—it is a bridge. It enables Taiwan’s globally connected enterprises, particularly in supply chain and manufacturing, to integrate stablecoin payments safely. We welcome international partners to expand into Taiwan under this clear regulatory environment.”
KryptoGO provides a full-stack stablecoin payment infrastructure, including:
Payment Gateway, SDK, and APIs for merchant acceptance, payouts, bulk transfers, and conditional settlements
Financial Technology Insights: Tide Gains Strategic Investment from Global Investor TPG
Standalone Wallet for end users and operations
Wallet-as-a-Service for partners to launch branded wallets
Non-custodial architecture with client control over private keys
Integrated RegTech: KYC/KYB, KYT, AML monitoring
As a neutral third-party provider, KryptoGO connects enterprises to Taiwan’s licensed VASPs—including exchanges and OTCs ensuring secure, compliant stablecoin flows.
Financial Technology Insights: Agentic AI & Digital Currencies Transform Global Payments
The company collaborates with Circle, Binance, and Sumsub, and holds ISO 27001, ISO 27701, and SOC 2 Type 2 certifications, aligning with global fintech standards. Leveraging Taiwan’s central role in the semiconductor and manufacturing supply chain, KryptoGO is also planning expansion to Hong Kong, Singapore, and Japan.
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com