Taiwan Lawmaker Pushes Bitcoin Reserve Strategy to Top Government Officials
A Taiwanese lawmaker has escalated efforts to introduce Bitcoin into the country’s reserve strategy, bringing the discussion directly to the highest levels of government.
Summary:
- A Taiwan lawmaker urged the government to consider Bitcoin for reserves.
- The proposal targets diversification away from U.S. dollar exposure.
- Officials have been asked to study digital asset reserves further.
On April 29, Dr. Ko Ju-Chun presented a policy report advocating Bitcoin allocation to Premier Cho Jung-tai and Central Bank Governor Yang Chin-long during a formal legislative session. The move signals growing institutional interest in digital assets as part of national financial strategy.
Proposal Targets Reserve Diversification
Ko Ju-Chun formally introduced the proposal during an interpellation session at the Legislative Yuan, presenting research from the Bitcoin Policy Institute.
The core argument focuses on diversification. Taiwan’s foreign exchange reserves, which total roughly $602 billion, remain heavily concentrated in U.S. dollar-denominated assets. According to the proposal, this concentration exposes the country to currency risk and geopolitical vulnerabilities.
By allocating a portion of reserves to Bitcoin, Ko argued that Taiwan could hedge against potential depreciation of fiat currencies while adding an asset that operates outside traditional financial systems.
Geopolitical Considerations Shape the Argument
A central element of the proposal is Bitcoin’s resistance to external control. Ko emphasized that digital assets could offer protection in extreme geopolitical scenarios, including potential financial restrictions or disruptions to cross-border liquidity.
Unlike traditional reserve assets, Bitcoin is not subject to direct seizure or freezing through centralized institutions. This characteristic has become a focal point in discussions about financial resilience, particularly for economies navigating complex geopolitical environments.
The argument reflects a broader trend where policymakers are evaluating digital assets not only as financial tools but also as strategic instruments.
Government Asked to Expand Digital Asset Research
Beyond the allocation proposal, Ko called on the central bank to deepen its analysis of digital assets. He requested a new report within one month covering both Bitcoin and stablecoin frameworks.
Central Bank of the Republic of China (Taiwan) had previously assessed Bitcoin in late 2025 and concluded it was unsuitable as a reserve asset due to volatility and custody concerns.
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The renewed push suggests lawmakers are seeking to revisit that conclusion in light of evolving market conditions and global adoption trends.
Existing Holdings and Policy Momentum
Taiwan already holds a small amount of Bitcoin, primarily acquired through law enforcement seizures. Authorities have explored managing these assets through a regulatory sandbox designed to test digital asset frameworks.
Ko has been a consistent advocate for broader crypto policy reform. He is also promoting legislation to establish a Virtual Asset Service Provider framework, which would create clearer rules for the industry and potentially lay the groundwork for future reserve integration.
Debate Signals Shift in Reserve Strategy Thinking
The proposal highlights a growing willingness among policymakers to consider alternative reserve assets. While no immediate policy change has been announced, the discussion reaching senior government officials marks a notable shift.
For now, the central bank remains cautious. However, continued legislative pressure and global developments in digital finance may keep the issue under active consideration.
As more jurisdictions explore the role of digital assets in sovereign reserves, Taiwan’s debate reflects a broader reassessment of how countries manage financial risk in an increasingly digital and geopolitically complex environment.
The information presented in this article is intended for informational purposes only and should not be interpreted as financial, investment, or trading advice. Coinspress.com does not promote or advocate for any particular investment strategy, asset, or cryptocurrency project. Cryptocurrency markets are highly volatile and unpredictable – always perform your own research and seek guidance from a qualified financial professional before making any investment decisions.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
