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Taiwan Orders Year-End Bitcoin Reserve Review, Weighs Pilot Using Seized Coins

Officials ordered a year-end report to assess the case for a pilot using confiscated coins.

Overview

  • Premier Cho Jung-tai and Central Bank Governor Yang Chin-long pledged a detailed assessment by Dec. 31 that includes a full inventory of government‑held Bitcoin.
  • Lawmakers urged a pause on auctioning confiscated coins as the administration considers using those holdings to test a limited treasury program.
  • The Executive Yuan and central bank signaled plans to draft Bitcoin‑friendly rules within six months to support custody, accounting, and oversight.
  • Taiwan’s Financial Supervisory Commission is already piloting institutional digital‑asset custody, providing a testbed for secure storage and audits.
  • The review is driven by concern over reserves concentrated in U.S. dollar assets—roughly $577–$600 billion overall—with no new purchases or formal adoption approved.