Taiwan lawmaker calls for Bitcoin reserve at national conference

Taiwan lawmaker calls for Bitcoin reserve at national conference

Taiwan lawmaker calls for Bitcoin reserve at national conference

Taiwan legislator Ko Ju-Chun proposed allocating a small percentage of the Taiwanese reserves to Bitcoin as part of the diversified reserve strategy.

Taiwanese lawmaker Ko Ju-Chun has called on the government to consider adding Bitcoin to its national reserves, suggesting it could serve as a hedge against global economic uncertainty.

Ko, a legislator at-large in Taiwan’s legislative body, the Legislative Yuan, took to X on Friday to report that he had advocated Bitcoin (BTC) investment by the Taiwanese government at the National Conference on May 9.

In his remarks, Ko cited Bitcoin’s potential to become a hedge amid global economic risks and urged Taiwan to recognize the cryptocurrency alongside gold and foreign exchange reserves to boost its financial resilience.

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