Taiwan Legislator Demands Bitcoin Be Added to National Reserves—Because Nothing Says Stability Like Crypto Volatility

A bold move in Taipei: Lawmaker pushes for Bitcoin to join Taiwan’s national reserves, betting on crypto’s future while traditional finance scoffs.

Subheader: The Gold Standard? Try the Blockchain Standard.

Proponents argue diversifying reserves with Bitcoin could hedge against inflation—critics call it a gamble with taxpayer money. Meanwhile, Wall Street bankers clutch their pearls (and their 2008 crisis playbooks).

Taiwan legislator Ko Ju-Chun has called on the central bank to adopt Bitcoin as a strategic reserve asset. He proposed that up to 5% of the nation’s $50 billion reserves be allocated to Bitcoin, alongside traditional assets like gold and foreign currency. Ko highlighted Bitcoin’s hedging capabilities, saying it could strengthen the resilience and adaptability of Taiwan’s financial system. The move signals growing interest in integrating crypto into national financial strategies.