Taiwan is set to issue a report on its Bitcoin holdings, indicating that officials are exploring whether the country should follow the U.S. in establishing a national Bitcoin reserve.
Premier Zhuo Rongtai announced that the government is preparing an assessment of the total Bitcoin confiscated by domestic agencies. The report is expected to be published before the end of 2025, Rongtai said during a legislative general fiscal inquiry with the Finance Committee on Tuesday.
When asked about the future of the seized Bitcoin, legislator Ge Rujun suggested that the government “hold it unchanged” while considering whether to liquidate the assets or include them in a strategic reserve, according to local media outlet Blocktempo.
The upcoming report will also present a list of pros and cons for establishing a strategic Bitcoin reserve, marking the first time Taiwanese officials have publicly considered BTC as a potential reserve asset.
Taiwanese Premier’s commitment to explore Bitcoin as a strategic reserve asset and introduce more Bitcoin-friendly regulations within the next six months has been called a “breakthrough” by lawmaker Ko Ju-Chun. He highlighted the milestone in a Tuesday post on X, Taiwan’s Legislative Yuan.
Interest in Bitcoin at the governmental level began rising after March 7, when U.S. President Donald Trump signed an executive order proposing the creation of a Strategic Bitcoin Reserve, initially using cryptocurrency seized in government criminal cases, according to Cointelegraph.
“The Bitcoin reserve represents the first real step toward integrating Bitcoin into global finance, recognizing its role as a foundational asset for a more stable monetary system,” said Joe Burnett, head of market research at Unchained, at the time of the U.S. initiative.
Although Taiwan has not yet formally acted, legislators have previously urged the government to explore a Bitcoin reserve.
In May, lawmaker Ko Ju-Chun called on authorities to consider adding Bitcoin to the national reserve, highlighting its potential as a hedge against global economic uncertainty. He made the remarks during a speech at Taiwan’s National Conference on May 9, emphasizing Bitcoin’s strategic value in safeguarding the country’s financial stability.
The lawmaker previously recommended a maximum allocation of 5% of Taiwan’s $50 billion national reserve to Bitcoin.
Taiwan has also been pursuing more crypto-friendly regulations to encourage institutional adoption of digital assets. In October 2024, the Financial Supervisory Commission (FSC) launched a trial program for crypto custody services aimed at financial institutions, signaling a broader effort to integrate cryptocurrency into the country’s financial infrastructure.
