Taiwan is set to release a detailed report on its Bitcoin holdings by the end of 2025, signaling a potential shift toward establishing a national Bitcoin reserve. Premier Zhuo Rongtai announced the assessment during a legislative fiscal inquiry, marking a significant step in Taiwan’s approach to cryptocurrency assets.
The forthcoming report will review the total Bitcoin confiscated by domestic agencies and evaluate the benefits and risks of including Bitcoin in a strategic reserve. This consideration follows recent moves by other governments, including the United States, to integrate Bitcoin into national financial frameworks.
Details of Taiwan’s Bitcoin Assessment Report
Premier Zhuo Rongtai informed the Finance Committee that Taiwan is preparing a comprehensive report on the country’s Bitcoin assets. The report is expected to be published before the end of 2025 and will cover:
- The total amount of Bitcoin seized by law enforcement and other agencies.
- An analysis of whether to hold, liquidate, or designate the assets as part of a strategic reserve.
- A list of advantages and disadvantages related to creating a Bitcoin reserve.
During the session, legislator Ge Rujun recommended maintaining the Bitcoin holdings unchanged until a final decision is made. Meanwhile, lawmaker Ko Ju-Chun described the government’s move to study Bitcoin as a “breakthrough,” highlighting plans to draft more crypto-friendly regulations within six months.
Context: Global and Domestic Crypto Developments
Interest in a national Bitcoin reserve has grown internationally, especially after U.S. President Joe Biden signed an executive order in March 2024 to create a Strategic Bitcoin Reserve using cryptocurrency forfeited in criminal cases. This initiative has been seen as a milestone in recognizing Bitcoin as a foundational asset for global finance.
Taiwanese lawmakers have also previously advocated for a Bitcoin reserve. In May 2024, Ko Ju-Chun proposed allocating up to 5% of Taiwan’s $50 billion national reserve to Bitcoin, citing its potential as a hedge against economic uncertainty.
Advancing Crypto-Friendly Regulations in Taiwan
Taiwan is actively exploring regulatory frameworks to support cryptocurrency adoption by institutions. The Financial Supervisory Commission (FSC) announced in October 2024 a trial program for crypto custody services aimed at financial institutions, indicating growing institutional interest in digital assets.
This evolving stance on cryptocurrency reflects Taiwan’s efforts to align with global trends while managing regulatory and financial risks.
