Taiwan Lawmakers Push to Add Bitcoin to $602B Strategic Reserves
Lawmakers in Taiwan’s Legislative Yuan have proposed that Bitcoin be evaluated for inclusion in the island’s $602 billion strategic reserves, framing the move as a diversification step away from heavy U.S. dollar exposure. The group also wants a formal audit of roughly $146 million in seized Bitcoin to verify custody, provenance, and whether those assets could be accounted for within reserve holdings.
The push matters because adopting BTC—formally or in part—would signal a notable shift in reserve strategy and could advance institutional legitimacy for crypto in the region. Officials such as the central bank and finance ministry would need robust rules on custody, valuation, and volatility management before any allocation. An audit of seized coins could clear legal and operational hurdles and influence market perceptions, but practical and policy questions remain before Taiwan could move from proposal to implementation.