Taiwan to Audit Bitcoin Reserves, Issue Year-End Report
Taiwan’s Executive Yuan and Central Bank Governor Yang Chin-long have pledged to audit government-held Bitcoin reserves and issue a year-end report, marking the first inclusion of BTC reserves in the country’s formal policy agenda. The audit will account for locally seized assets (approximately US$1.46 billion) and international findings, including US$15 billion in Bitcoin seized by foreign authorities. Legislators, led by Ge Rujun, propose freezing confiscated crypto assets and adding Bitcoin to Taiwan’s strategic reserve. Meanwhile, the VASP Special Act has been stalled for five months, delaying stablecoin framework and regulations crucial for monetary sovereignty and fintech innovation. Lawmakers are urging accelerated VASP regulation and clear stablecoin rules to attract institutional investors and prevent Taiwan from missing global crypto financial benefits. Tracking Bitcoin reserves will clarify public sector holdings and guide future Bitcoin policy.
Bullish
The official audit and year-end report on Bitcoin reserves signal formal government recognition of BTC holdings, potentially converting seized assets into strategic reserves and supporting demand. In the short term, this milestone enhances market sentiment and may trigger speculative buying. Over the long term, greater transparency on public sector Bitcoin reserves and clearer VASP and stablecoin regulations are likely to foster institutional adoption and market stability, reinforcing bullish dynamics for BTC.