Taiwan Weighs Adding Bitcoin to Reserves, Lawmakers Demand Year-End Audit
Taiwan's legislature has formally requested a government review of existing Bitcoin holdings and asked officials to consider incorporating BTC into the country's strategic reserves as a way to reduce dependency on the US dollar. Lawmakers pressed for a transparent, comprehensive audit of crypto assets to be completed by year-end, and Premier Cho Jung-tai responded by committing to deliver a detailed implementation plan before the year's close.
The proposal, if pursued, would represent a notable move toward reserve diversification in the region and could signal greater official acceptance of digital assets as macro tools. Significant questions remain around custody, valuation methodology, accounting standards and volatility management, so the promised audit will be crucial for transparency and market confidence. Markets and policymakers will watch closely as Taipei outlines concrete steps and risk controls for any BTC allocation.