Taiwan May Add Bitcoin to National Reserves — Lawmakers Push for Full Audit by Year-End

Taiwan’s legislature has urged the government to audit its Bitcoin holdings and consider the cryptocurrency for strategic reserves, potentially diversifying away from its reliance on the US dollar. Premier Cho Jung-tai, responding to legislative pressure, has pledged a detailed report by the end of the year. This initiative follows growing international momentum for Bitcoin reserves, with several US states and leading financial bodies exploring diversifying into digital assets. Lawmakers Seek Bitcoin Audit and Reserve Strategy On Tuesday, Kuomintang legislator Ju-Chun Ko raised concerns about Taiwan’s heavy exposure to the US dollar and the growing relevance of digital currencies during a Legislative Yuan session source: https://beincrypto.com/taiwan-bitcoin-strategic-reserves/