Taiwan Eyes Plan To Establish Bitcoin Reserve By Year-End With Seized BTC

Paul Adedoyin
2 hours ago Updated 11 minutes ago
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Taiwan flag with floating Bitcoin symbols, illustrating Taiwan’s consideration of Bitcoin for national reserve strategy.

Highlights

  • Taiwan is increasing the speed of planning its Bitcoin reserves by completing the inventory of the seized BTC by year end.
  • Lawmakers urge the quicker use of digital assets, as they emphasize that the old reserve strategies are exposed to greater global risks.
  • The authorities are establishing regulatory frameworks that backs the pilot Bitcoin reserve plan in Taiwan.

Taiwan is moving rapidly toward a potential Bitcoin reserve framework as lawmakers intensify calls for the government to modernize its financial strategy. The country now aims to complete a full assessment of Bitcoin’s role in national reserves.

Lawmaker Urges Taiwan To Update Reserves With Bitcoin

In addition, it will finalize an inventory of all seized BTC by year-end. This marks Taiwan’s most decisive step yet toward integrating the asset into its sovereign holdings. According to a local media outlet, The Police Times, the push is led by legislator Ge Rujun.

Ge urged the central bank and executive branch to abandon outdated assumptions about digital assets. He argued during a Legislative Yuan session that Bitcoin has evolved from a speculative instrument. He added that it is now a tool with implications for national security and financial sovereignty.

The change is an indication of the maturity of Bitcoin. The network recently marked the 17th anniversary of the Bitcoin white paper. This longevity has shown that it is a network that is becoming increasingly more influential across the globe.

The lawmaker warned that Taiwan cannot afford to wait until 2030 to evaluate Bitcoin’s reserve utility, especially as global financial conditions shift rapidly. Taiwan holds nearly $600 billion in foreign-exchange reserves, with more than 80% tied to U.S. Treasury bonds.

Ge cautioned that with this concentration, the country will be exposed to U.S. fiscal insecurity and Chinese economic volatility. He emphasized that Bitcoin could diversify risk and reduce dependency on traditional debt-heavy reserve models.

Taiwan Prepares Pilot BTC Reserve Using Seized Assets

Responding to the pressure, Premier Cho Jung-tai confirmed that the government will publish an updated Bitcoin reserve assessment before the end of the year. The administration will also complete a comprehensive inventory of the nation’s seized Bitcoin, which has accumulated through multiple criminal cases.

This inventory will determine how much Bitcoin could be used in a pilot reserve program instead of being auctioned off, as typically done. Taiwan’s central bank and premier have already committed to studying Bitcoin as a strategic reserve. They are drafting supportive regulations and piloting treasury holdings based on seized Bitcoin.

The pilot phase (which involves using BTC awaiting auction) signals the first practical step toward establishing a national Bitcoin reserve. Regional developments continue to add pressure to the debate. Recently, China accused the U.S. of owning 127,000 BTC illegally.

It demonstrates the growing role of digital assets in geopolitics across Asia. This action may turn Taiwan into one of the first Asian economies to pursue a reserve system based on Bitcoin.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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