Taiwan Lawmaker Proposes Bitcoin for National Reserves

Ko Ju-Chun advocates for Bitcoin in Taiwan’s reserves for economic stability. Taiwan’s reserves include gold and foreign exchange, with Bitcoin as a potential addition. Taiwanese legislator Ko Ju-Chun has proposed a radical proposal to put Bitcoin into the country’s strategic reserves in order to enhance financial resilience in an unstable global economy. Ko urged the government in May 2025 to treat Bitcoin as one of the key pillars of Taiwan’s reserve strategy alongside the conventional assets including gold and foreign exchange during a national conference held on May 9, 2025. His proposal , at a time when Taiwan, as an export-oriented economy, faces tremendous challenges due to a global inflationary trend and geopolitical risks, is timely. These have brought to the fore major changes in the New Taiwan dollar. Hence, a source of worry to businesses and citizens. “The recent global inflation and geopolitical risks have also been on the increase, and this has led to a high number of fluctuations in our currency,” Ko said. He indicated the need for a diversified financial approach. Bitcoin as a Hedge in a Shifting Global Landscape He argued that the decentralization of Bitcoin and its non-censorable nature make it the ideal reserve asset for countries. “It has been trading for over 15 years, with a limited total supply, and its hedging characteristics are on the rise,” Ko noted. He suggested that in times of high currency volatility or regional war, traditional assets might not be sufficient for security and liquidity, but Bitcoin could be a sound alternative. Taiwan is sitting on 423 metric tons of gold and $577billion in foreign exchange reserves, with a lot going into U.S. treasury bonds. Ko proposed that reserving a portion of these reserves for Bitcoin may make the country’s financial resilience stronger. “We have some gold reserves and plenty of foreign exchange,” he said. “But diversification should be considered, and Bitcoin can be a strategic asset.” The call by the legislator is part of a bigger global trend, as he pointed out that 28 U.S states are considering similar multi-reserve bills. “Eighteen states, including Arizona, are going to pass legislation that may include Bitcoin,” said Ko, referring to Taiwan not falling behind. In his view, such a role of value storage asset and risk hedge for Bitcoin could be very important for the economic stability of Taiwan. Ko’s advocacy for BTC is not individual; it is a continuation of recent engagements with proponents of BTC such as Samson Mow of JAN3, who has been very vocal about state-level bitcoin adoption. Ko said, “Time spent with experts has reinforced my firm belief in the strategic value of Bitcoin,” and he believes his proposal anchors in the needs of the local and international world. The plan has generated discussions about Taiwan’s financial future and Ko’s idea of leading the integration of digital assets. “A wise nation will not leave critical tools in other people’s hands,” he said. It reflects on self-reliance when it comes to financial strategies. Source: https://www.livebitcoinnews.com/taiwan-lawmaker-proposes-bitcoin-for-national-reserves/