Taiwan Legislator calls for the addition of Bitcoin National Reserves

Taiwanese legislator KO Ju-Chun called on the government to consider including Bitcoin in his national reserves, in addition to gold and foreign currencies.

Speaking at the National Financial Conference 9. Maja, who propose Assigning a small portion of spare property in the country in Bitcoin (Btc) Like a life against the growth of global economic uncertainty and regional geopolitical risks.

He pointed to Bitcoin’s decentralized nature, a fixed offer and a growing role as a fence in various countries as the reasons to integrate him into the Taiwanese strategy of sovereign assets.

Taiwanese reliance on exports and Associated volatility In the new Taiwan dollar as an additional justification for spreading a spare combination.

Bitcoin as crisis reserve

The represented staff also stated the vulnerability of the country in a potential crisis scenario, suggesting that Bitcoin could serve as a messy asset that maintains liquidity and avoids the risk of revocation during geopolitical tensions.

It’s previously indigned At X, Taiwan could set aside up to 5% reserves – about $ 50 billion to Bitcoin, although it was framed as part of a variety of access, not full turn.

While he admitted that Bitcoin was not a unique solution to the financial challenges of Taiwan, he emphasized the need to expand the nation tools for economic resistance to economic resistance.

The proposal arrives as Taiwan moves toward More crypto-customized regulations. The financial supervisory commission is expected to implement the institutional trial of the crypto carodso mentioned this year. In contrast, the Kantal China continues to prohibit the blanket on most crypto-related activities.

The Taiwanian Commission for Financial Supervisory Supervision published a draft “Virtual Meanlife” to regulate the crypto company and protected investors. The Draft included Licensing requirements for VASPS, standards for the issuance of stablecoins by banks and measures for implementation.

The 60-day period of consultation with public consultations was launched, and the law expected to be submitted to executive IUAN until 30. June.

KOV Positioning call Taiwan among the small but growing group of jurisdictions that explores Bitcoin as strategic reserve funds. Although formal policy has not been introduced, its advocates signal interest in digital assets in Taiwan’s financial planning discussions.