Taiwan’s Premier and Central Bank will study Bitcoin as a strategic reserve, draft pro-crypto rules, and pilot BTC treasury holdings.
Taiwan’s Premier and Central Bank have reportedly agreed to study Bitcoin as a strategic reserve. They also intend to prepare pro-Bitcoin regulations. Furthermore, they will have Bitcoin treasury holdings pilot programs. This initiative will begin with confiscated Bitcoin that is “awaiting auction.” This is a major step towards digital asset integration.
Taiwan’s Strategic Shift Towards Bitcoin Amid Economic Volatility
This initiative is led by a legislator, Dr. Ju-chun Ko. Samson Mow, the CEO of JAN3, supports it. JAN3 is a Bitcoin Technology company. It is all about accelerating the global adoption of Bitcoin. The announcement came via JAN3 after increasing discussions among the lawmakers. These discussions centered on issues of risk associated with too heavy reliance on traditional reserves.
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In May, Dr Ju-chun Ko called on the National Central Bank to consider the inclusion of Bitcoin in the country’s strategic reserves. Ko outlined a number of reasons for considering different reserve strategies. These included the volatility of the New Taiwan Dollar, world inflation and regional geopolitical risks. This certainly demonstrates the need for financial resilience.
The New Taiwan Dollar has been extremely volatile this year. It has swung up or down by 5% in one day. Ko criticized the country’s reliance on the U.S. dollar. He observed financial vulnerabilities in the economy of Taiwan. Therefore, he proposed that Bitcoin should be taken into consideration as a part of Taiwan’s financial strategy.
The Premier and the Central Bank of Taiwan have pledged to study Bitcoin. They consider it to be a strategic reserve. They will also draft the BTC favourable rules within six months. This commitment is also inclusive of piloting the BTC treasury holdings. This will start by an inventory of seized BTC that is currently waiting to be auctioned. This is a tangible first step.
Commit to a detailed audit and reserve assessment of Bitcoin by the end of 2025, the Premier has said. This is after Dr. Ju-chun Ko’s advocacy campaign. He cited the volatility of New Taiwan Dollar and global inflation. He also cited geopolitical risks as the reasons to look at alternatives for reserve strategies. This is a very important phase of the comprehensive review.
Key Regulatory Developments and Future Outlook for Crypto in Taiwan
The Central Bank of the Republic of China (Taiwan) reportedly wants to study bitcoin as a strategic reserve. It will also pilot treasury holdings with the help of seized Bitcoin. On March 25, 2025, the Financial Supervisory Commission (FSC) of Taiwan issued a draft. This was for the “Virtual Asset Service Act.” It is aimed at improving oversight and investor protection.
All Virtual Asset Service Provider (VASPs) must complete an Anti-Money Laundering (AML) registration with the FSC by September 2025. This includes exchanges and custodial services. Failure to register may bring about criminal penalties. This is what ensures a regulated market. Furthermore, the FSC has allowed professional investors to exchange foreign crypto ETFs.
Despite these steps cryptocurrencies are not currently legal tender in Taiwan. They are regarded as speculative “virtual commodities.” So this is the position of the Central Bank and it’s the position of FSC. However, the ongoing studies and drafting of regulations suggest that this may be changing. Taiwan is looking to be a major player in the crypto space. The Premier’s commitment is a growing acceptance of digital assets.
This initiative places Taiwan in a position to embrace the digital assets in a more formal manner. It might increase its financial stability. It could also give rise to new investment opportunities. Ultimately, Taiwan wants a more robust financial future.
The post Bitcoin News: Taiwan to Study Bitcoin Reserves and Draft Pro-Crypto Regulations appeared first on Live Bitcoin News.
