#CryptoComeback #BTCBackto100K

Taiwanese Lawmaker Warns Reserves at Risk – Should Taiwan Hold Bitcoin Now?

2025-05-10 02:07:33

“Bitcoin is the gunpowder of the digital era,” Taiwan lawmaker Ko Ju-Chun declared on May 9. He urged Taipei to fortify its $577 billion reserve chest with BTC before currency shocks or conflict strike.

Speaking at the National Finance Conference on Friday, Ko emphasized that Bitcoin, like gold and foreign currencies, deserves recognition as a sovereign reserve asset.

His remarks followed his recent engagement with Samson Mow, CEO of Jan3 and a prominent advocate for national-level Bitcoin adoption, particularly in countries like El Salvador.

Ko, who serves as a legislator-at-large in Taiwan’s Legislative Yuan, argued that Bitcoin could play an important role in strengthening Taiwan’s financial defense mechanisms.

The lawmaker said, “We currently hold 423 metric tons of gold, and our foreign exchange reserves total $577 billion—including U.S. Treasury bonds. But in the event of rising currency volatility or potential regional conflict, Taiwan may not be able to ensure the safety and liquidity of these reserves.”👇🇵🇸🔥$BNB 🇵🇸$XRP #FOMCMeeting 🇵🇸$SOL