Taiwan is set to review its government Bitcoin holdings and assess its BTC reserves by the end of the year. Premier Cho Jung-tai announced during a Legislative Yuan session that an inventory report on Bitcoin held by domestic agencies will be completed, with a joint reserve assessment report to be submitted alongside Central Bank Governor Yang Chin-long. This marks the first inclusion of Bitcoin in Taiwan's policy discussions.
Legislator Ge Ru-jun highlighted the need for seized crypto assets to be temporarily held and proposed Bitcoin's inclusion in the national strategic reserve. Meanwhile, the Financial Supervisory Commission stressed the importance of a robust framework for stablecoin regulations, citing concerns over monetary sovereignty. Legislators are urging the government to expedite virtual asset regulations to capitalize on the global crypto-finance trend.
Taiwan to Review Government Bitcoin Holdings by Year-End
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
