Association Mission
The Bitcoin and Virtual Asset Development Association aims to promote regulatory adaptation for virtual assets, foster their application and development, and help establish a robust virtual asset ecosystem in Taiwan to drive industry growth and economic progress.
Taiwan boasts world-class software talent, with its virtual asset industry gaining international recognition through funding and media coverage. This positions Taiwan as a global hub for virtual asset development, attracting returning international professionals and showcasing Taiwanese expertise worldwide.
👉 Explore the Association Charter
Industry Development Division
Exclusive to cryptocurrency-related businesses
- Acts as a liaison for regulatory adaptation and government communication
- Advances the goals of virtual asset commercial and industrial guilds
- Implements anti-money laundering and cybersecurity industry standards
Lead: Attorney Gong-Yu Lin
Deputy Lead: Attorney Hsueh-Feng Cheng
Community Development Division
Comprised of Bitcoin/cryptocurrency community leaders and social media companies
- Organizes regular community outreach events
- Promotes accurate Bitcoin education
- Advocates for cryptocurrency investment and applications (e.g., NFTs)
Lead: Si-Cheng Hong
Deputy Lead: Shu-Ming Yang
Academic Research Division
For researchers, professors, lawyers, accountants, and practitioners
- Advocates for regulatory and accounting standards
- Hosts/co-hosts seminars and forums
- Collaborates on academic research projects
Lead: Professor Pei-Ling Hsu
Deputy Lead: Professor Ting-Hsien Cheng
International Affairs Division
Entrepreneurs, international lawyers/accountants, and cross-border professionals
- Facilitates global virtual currency intelligence exchange
- Positions the association as Taiwan's window to international virtual asset ecosystems
Silicon Valley Representative: Kevin C. Weng
Tokyo Representative: Pei-Hsuan Kao
El Salvador Representative: Hong-Yong Wu
Board Members & Membership
Approved by Taiwan's Ministry of Interior (Document #1100011800), this nonprofit association held its inaugural meeting on May 6, 2021. Corporate members include major Taiwanese virtual asset platforms, custodians, wallet providers, and related businesses. Individual members consist primarily of academics and legal/accounting professionals.
Board Roster
Honorary Chairman
Chairman
Executive Directors
Directors
Alternate Directors
- Jun-Yi Weng
Co-founder, RESPERA Regenerative Medicine Group (USA)
Supervisors
Alternate Supervisors
- Li-Ying Wang
Legal & Policy Consultant at Appworks
Secretary-General
- Wei-Chi Chu
Titan Lab Partnership
Project Managers
Corporate Members
Cybersecurity Announcement
After extensive industry research, the association formally announces Guidelines for Virtual Asset Industry Cybersecurity Standards. These standards aim to:
- Protect Taiwanese users' virtual assets
- Establish unified security protocols
- Ensure proper internal audits and controls
- Implement comprehensive security measures
Pioneered by several corporate members, these guidelines represent Taiwan's commitment to virtual asset security.
Security Policy Declaration Participants
Required Documentation
To complete the [Information Security Management Policy Declaration], download the compressed file (4 documents) below and email completed forms to the association for review by the VASP Cybersecurity Standards Committee.
👉 Download Security Review Documents
Bitcoin White Paper
Since 2021, the association has worked to:
- Highlight Bitcoin's four key benefits for Taiwan
- Advance virtual asset regulation and adoption
- Promote blockchain technology applications and global exchange
Membership Application
Individuals/organizations should download the appropriate form below, complete it, and email scans to [email protected]:
Available Formats
- Individual Membership Application (PDF/Word)
- Corporate Membership Application (PDF/Word)
FAQ Section
Q: Who can join the Industry Development Division?
A: Only cryptocurrency-related businesses qualify for membership.
Q: How does Taiwan benefit from virtual asset development?
A: It attracts global talent, stimulates economic growth, and positions Taiwan as a tech leader.
Q: What's the purpose of the cybersecurity guidelines?
A: To standardize security practices across Taiwan's virtual asset industry, protecting users and businesses alike.
Q: Can international professionals participate?
A: Yes, through our International Affairs Division which connects global expertise with Taiwanese initiatives.