Taiwanese legislator Dr. Ko Ju-Chun has proposed the establishment of a Bitcoin reserve using the country's foreign exchange reserves. During a Legislative Yuan session on April 29, Dr. Ko presented a report from the Bitcoin Policy Institute to Premier Cho Jung-tai and central bank Governor Yang Chin-long. He urged the executive branch to consider allocating a portion of Taiwan's $602 billion in foreign exchange reserves to Bitcoin, positioning it as a strategic national asset. Dr. Ko also requested that the central bank prepare a report within a month on the potential inclusion of stablecoins and other digital assets in Taiwan's reserves. This move reflects a growing interest in integrating digital currencies into national financial strategies.
Taiwan Legislator Proposes Bitcoin Reserve from Foreign Exchange
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