Taiwan is studying the possibility of establishing a special act to regulate the cryptocurrency industry, with results expected to be released in September of this year, a top official said.

Tien-mu Huang, chair of the Financial Supervisory Commission, stated Monday at the parliament in response to lawmakers’ inquiries that the regulator must handle the connection between traditional finance and cryptocurrency with care — and is more likely to oversee the crypto sector with a dedicated special law.

Huang noted that the FSC has begun researching the possibility of a crypto asset act and plans to release preliminary studies in September.

The regulator added that it currently prioritizes investor protection, with a group of local crypto companies preparing to establish a self-regulatory …