Taiwan Weighs Including Bitcoin to Nationwide Reserves in Main Coverage Shift

Taiwan’s authorities is shifting nearer to integrating Bitcoin into its nationwide reserve technique, with the island’s Govt Yuan and Central Financial institution agreeing to judge Bitcoin as a possible strategic asset and discover pilot holdings utilizing seized BTC presently awaiting public sale.

Key Takeaways:

• Taiwan’s central financial institution and Govt Yuan are evaluating Bitcoin as a strategic reserve asset.
• Legislator Dr. Ju-chun Ko argues that Bitcoin might diversify Taiwan’s reserves and cut back reliance on the US greenback.
• The plan mirrors world traits, with international locations just like the US, El Salvador, and Argentina integrating Bitcoin into nationwide or fiscal methods.

The initiative, spearheaded by legislator Dr. Ju-chun Ko and backed by Samson Mow, CEO of Bitcoin infrastructure agency JAN3, marks certainly one of Asia’s most important steps towards sovereign Bitcoin adoption.

JAN3 confirmed the event following rising debates inside Taiwan’s legislature over lowering dependence on conventional reserve belongings, in line with a report by Bitcoin Journal.

Taiwan Lawmaker Cites Greenback Dependence in Push for Bitcoin Reserves

Dr. Ko has been vocal in regards to the dangers of overreliance on the US greenback and the nation’s want for diversified monetary safeguards.

Talking earlier this yr, he urged the central financial institution to think about Bitcoin’s inclusion in nationwide reserves, citing world inflation, rising geopolitical stress, and the volatility of the New Taiwan Greenback.

The native foreign money has fluctuated as a lot as 5% in a single buying and selling day, prompting requires different hedging mechanisms.

Taiwan presently holds roughly 423 metric tonnes of gold and $577 billion in international trade reserves, with round 92% invested in US Treasury bonds.

Dr. Ko clarified that Bitcoin wouldn’t change these conventional holdings however function a complementary asset to strengthen the nation’s monetary resilience via diversification.

“Bitcoin presents a singular hedge on account of its decentralized and fixed-supply nature,” Ko advised lawmakers, referencing its independence from financial coverage and international affect.

World precedents seem to assist Ko’s proposal. In March 2025, US President Donald Trump signed an government order to create a Strategic Bitcoin Reserve, absorbing roughly $17 billion price of forfeited BTC.

Equally, international locations reminiscent of El Salvador and Argentina have launched frameworks to combine Bitcoin into their fiscal or reserve methods, highlighting its utility towards inflation and banking instability.

Taiwan’s Monetary Supervisory Fee (FSC) has already taken a progressive stance towards digital belongings, permitting skilled buyers to purchase international Bitcoin and crypto exchange-traded funds (ETFs) since 2024.

Whereas the proposal has but to be enacted, the central financial institution is anticipated to conduct feasibility research and provoke pilot applications with seized Bitcoin earlier than broader adoption.

Taiwan Uncovers $75M Crypto Laundering Ring

In August, Taiwanese prosecutors indicted 14 people within the nation’s largest crypto money-laundering case, exposing a NT$2.3 billion ($75 million) fraud that deceived over 1,500 victims via pretend crypto trade franchises.

The operation, led by Shi Qiren, ran greater than 40 storefronts below names like “CoinW” and “BiXiang Know-how,” posing as licensed exchanges whereas secretly funneling investor funds into abroad crypto accounts.

Authorities seized money, crypto, and luxurious belongings price over NT$100 million, whereas Shi faces as much as 25 years in jail for fraud, cash laundering, and arranged crime.

The group’s success hinged on exploiting regulatory blind spots in Taiwan’s crypto oversight. By claiming false approval from the Monetary Supervisory Fee, the community constructed investor belief, collected hefty franchise charges, and used “deposit machines” to imitate respectable trade operations.

Prosecutors described the scheme as “systematic fraud” that leveraged Taiwan’s crypto curiosity and weak enforcement.

The submit Taiwan Weighs Including Bitcoin to Nationwide Reserves in Main Coverage Shift appeared first on Cryptonews.