Members of Taiwan’s Legislative Yuan are urging the government to consider Bitcoin as part of the nation’s $602 billion strategic reserves to reduce U.S. dollar concentration and are calling for an audit of seized BTC holdings valued at about $146 million.
Taiwan is evaluating Bitcoin for its strategic reserves while lawmakers press for a full audit of government crypto holdings, including seized assets. The push aims to reduce dependence on the US dollar and strengthen financial resilience.
Taiwan’s legislature has pushed the government to audit its Bitcoin holdings and to evaluate adding BTC to strategic reserves, with Premier Cho Jung-tai promising a detailed report by year-end. The move aims to explore diversification away from heavy US dollar exposure.
Taiwan's legislature has asked the government to review Bitcoin holdings and consider adding BTC to national strategic reserves, while lawmakers call for a comprehensive audit before year-end. Premier Cho Jung-tai pledged to present a detailed plan by the end of the year.