Taiwan Lawmaker Calls for Bitcoin Reserve Funded by $602B FX Chest

Key Takeaways:

• Legislator Ko Ju-Chun presented a BPI bitcoin reserve study to Taiwan’s premier and cardinal bank.
• Taiwan’s $602B FX reserves are implicit 80% successful dollar assets, which BPI says creates currency vulnerability risk.
• No determination yet, but the determination places Taiwan alongside the U.S. and Brazil successful the bitcoin reserve debate.

A Direct Pitch to the Premier and the Central Bank

On April 29, 2026, Dr. Ko Ju-Chun, a subordinate of Taiwan’s Legislative Yuan, delivered the Bitcoin Policy Institute’s (BPI) report connected bitcoin reserves straight to Premier Cho Jung-tai and Central Bank of China Governor Yang Chin-long during a ceremonial interpellation session. The report, written by Jacob Langenkamp and published successful March 2026, lays retired the trade, economic, and information case for holding bitcoin arsenic a reserve plus alongside gold and overseas currency.

The connection zeroes successful connected Taiwan’s tremendous overseas speech warfare chest. The state holds astir $602 cardinal successful FX reserves, with implicit 80% held successful dollar-denominated assets. Ko Ju-Chun and the BPI reason that this attraction creates vulnerability to currency devaluation hazard AND critically, to scenarios wherever Taiwan’s dollar assets could go inaccessible owed to geopolitical escalation with China.

The archetypal allocation floated is astir $2.5 cardinal successful bitcoin, little than 0.5% of full reserves, a humble introduction point, but a symbolically important one.

Image source: X

Bitcoin arsenic a Geopolitical Hedge

The statement Ko Ju-Chun is making is not caller successful structure, but it carries chiseled value successful Taiwan’s context. The BPI study explicitly cites bitcoin’s fixed supply, decentralization, and absorption to seizure arsenic attributes that marque it uniquely suited to Taiwan’s information concern (since it cannot beryllium frozen by a overseas authorities oregon chopped disconnected done a SWIFT-style fiscal blockade).

The framing besides mirrors arguments present circulating crossed aggregate jurisdictions. In the U.S., speculation surrounding a reserve’s instauration has extended to 4 nations, with applicable authorities advancing successful at slightest 15 U.S. states. Brazil has besides reintroduced legislation that would let up to 1 cardinal BTC successful nationalist reserves.

What sets Taiwan’s determination isolated is the delivery, arsenic Ko Ju-Chun did not simply interval the thought publicly; helium handed the BPI study straight to the 2 radical astir liable for Taiwan’s monetary policy, creating a ceremonial grounds wrong the legislative process. Whether Taipei acts oregon not connected this, the speech has present entered the room.