This Week's Cryptocurrency Application Updates: Asia Bridges the Gap, Argentina Dismantles Barriers Taiwan Passes Stablecoin Regulation, Launches in 2026! Argentine Bank Plans to Launch Cryptocurrency in April! Robinhood Enters Indonesia! Philippines' GoTyme Adds Cryptocurrency Payment Functionality for 6.5 Million Users! Hong Kong Launches Tax Framework Consultation! Let's take a look at this week's hottest cryptocurrency application updates. 🧵 1/8 📈 Market Overview As the Asia-Pacific region leads global cryptocurrency adoption, traditional banks are shifting from initial bans to active integration. Digital banks are converging with cryptocurrency infrastructure, and clearer regulatory policies are replacing previous blanket restrictions. Cross-border tax cooperation is expanding through the OECD framework, and governments are moving from resistance to active participation. 2/8 🇹🇼 Taiwan The Financial Supervisory Commission passed the Virtual Asset Services Act, planning to launch a stablecoin by the end of 2026. Banks will lead the initial issuance, with full reserve backing and domestic custody. The currency peg mechanism has not yet been finalized, and the relationship between the New Taiwan Dollar and the US Dollar remains uncertain. The Central Bank is weighing offshore circulation rules. Officials are also discussing a strategic Bitcoin reserve while inventorying seized assets. 3/8 🇦🇷 Argentina The Central Bank is drafting rules to end the three-year ban on cryptocurrencies, aiming to restore banking services by April 2026. Following the launch of USD payments in October, YPF is exploring gas station payments through payment processors such as Lemon, Ripio, and Binance. According to Chainalysis data, YPF processed $93.9 billion in cryptocurrency transactions between July 2024 and June 2025, ranking second in Latin America and 20th globally. 4/8 🇮🇩 Indonesia Robinhood acquired PT Buana Capital Sekuritas and PT Pedagang Aset Kripto, planning to officially enter the market in the first half of 2026. This acquisition will give it access to 19 million stock investors and 17 million cryptocurrency users, and grant it dual licenses for brokerage and digital assets. Indonesia boasts a tech-savvy population and a robust regulatory system, placing it among the world's leading cryptocurrency markets. 5/8 🇵🇭 Philippines GoTyme Bank launched cryptocurrency trading services to 6.5 million customers through integration with Alpaca. The service offers 11 assets, including BTC, ETH, and SOL. The bank's app features built-in automatic peso-to-dollar conversion. The Philippines ranks ninth in the Chainalysis Index, with 10% of its population using cryptocurrency, and the number of users is projected to reach 12.79 million by 2026. 6/8 🇭🇰 Hong Kong The government launched a consultation on CARF regarding the automatic exchange of cryptocurrency tax data by 2028 and the implementation of a revised Common Reporting Standard (CRS) by 2029. Commissioner of Inland Revenue Ted Hui pledged to strengthen international tax cooperation to combat cross-border tax evasion. The deadline for submitting public opinions is February 6, 2026.
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