Taiwan Opens Debate on Adding Bitcoin to Strategic Reserves

13 November 2025 - 15:35 CET
Taipei skyline

Taiwan has launched its most serious review of Bitcoin policy to date after lawmakers pressed the government to consider whether the asset should form part of the country’s strategic reserves, prompting the Premier to order a full audit of Bitcoin held across ministries and agencies.

Premier orders government-wide Bitcoin audit 

According to official statements reported by local media, Premier Cho Jung Tai has instructed all ministries to determine the amount of Bitcoin the government currently controls. The order covers Bitcoin seized in criminal cases, judicial forfeitures, and any digital assets held within enforcement or administrative bodies. The Executive Yuan, Taiwan’s government, confirmed that the audit will be completed by the end of the year. 

The Premier also directed the Central Bank of Taiwan to conduct a formal assessment on whether Bitcoin should be included in the national reserve strategy. The Central Bank’s previous evaluation of Bitcoin as a reserve asset has been described by officials as outdated, and the government has agreed that a refreshed analysis is required. 

The push follows questions in the Legislative Yuan from Kuomintang lawmaker Ko Ju Chun, who argued that Taiwan must account for its digital asset exposure and consider whether Bitcoin could reduce the country’s dependence on the US dollar. Taiwan’s foreign exchange reserves exceed $600bn, with more than 90% denominated in US dollars. 

Policy shift driven by pressure for transparency 

Ko has urged the government to improve transparency around digital assets held by ministries, requesting a comprehensive inventory of any Bitcoin seized or retained by state agencies. He has also called for a unified classification framework that defines how seized Bitcoin is valued, custodied, and accounted for across government departments. 

While Taiwan has not committed to adding Bitcoin to its reserves, the Premier’s audit order and the Central Bank’s report mark the beginning of a structured policy review. Regulators have also noted that forthcoming legislation for virtual asset service providers remains delayed due to concerns about monetary sovereignty, particularly in relation to stablecoins. 

The results of the nationwide Bitcoin audit and the Central Bank’s reserve suitability report are expected by the end of the year.