Taiwan Bitcoin Reserve proposal dey target $2.5B from $602B FX

Taiwan lawmaker Ko Ju-Chun don propose say make dem hold Bitcoin as part of wetin government get for forex reserves, dey beg government make dem put small part of Taiwan roughly $602B FX reserves into BTC. For interpellation session on April 29, 2026, Ko give Premier Cho Jung-tai and Central Bank of China Governor Yang Chin-long one report from Bitcoin Policy Institute (BPI). The reason na to hedge risk. BPI talk say over 80% of Taiwan FX reserves dey for USD-denominated assets, so dem too exposed to USD losing value and to situations where those assets fit no dey accessible if China-related tension escalate. Dem float initial allocation about $2.5B in Bitcoin—less than 0.5% of total reserves—make dem call am small “pilot” but e get political meaning. BPI explain say case for Bitcoin reserve differ from gold logistics or rely on government fiat systems, dem highlight fixed supply, decentralization, and how e fit resist seizure. Dem also compare BTC with risk of freeze or SWIFT-style financial blockade. Central bank never approve the idea yet; e don reject Bitcoin as reserve asset before in 2025 because of volatility, liquidity, and custody worries, even though dem dey run sandbox wey use seized BTC to test digital-asset behavior. For traders, this no mean immediate adoption, but e strengthen the “Bitcoin reserve” narrative and fit push BTC sentiment if dem take follow-up policy steps. International context: similar talk about “national Bitcoin reserve” don show for US and Brazil, wey law matter don move or dem don reintroduce bills.