Taiwan Legislator Pushes Bitcoin Reserve Plan to Premier and Central Bank — Bitcoin Policy Institute

Event summary

Taiwanese Legislator Dr. Ko Ju-Chun delivered the Bitcoin Policy Institute's report on establishing a Bitcoin reserve to Premier Cho Jung-tai and Central Bank Governor Yang Chin-long on April 29, 2026.
The report proposes allocating a portion of Taiwan's $602 billion in foreign exchange reserves to Bitcoin as a strategic national asset.
Legislator Ko requested that the CBC produce a new report within one month on stablecoins and broader digital asset reserves.
Taiwan's central bank had previously evaluated Bitcoin as a reserve asset in late 2025, concluding it was unsuitable due to volatility, liquidity, and custody concerns.

The big picture

Taiwan's exploration of Bitcoin reserves reflects broader geopolitical tensions and the search for alternative reserve assets. With over 80% of its reserves in U.S. dollar-denominated assets, Taiwan faces vulnerabilities to currency debasement and potential restrictions. The strategic shift towards Bitcoin highlights a growing trend among nations to diversify their financial defenses against geopolitical disruptions.

What we're watching

Regulatory Response: Whether the CBC will produce a favorable report on stablecoins and digital asset reserves within the requested one-month timeline.
Geopolitical Risk: How Taiwan's unique geopolitical risks could influence the adoption of Bitcoin as a reserve asset.
Market Dynamics: The pace at which other nations with significant dollar-denominated reserves may explore similar Bitcoin reserve strategies.