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Key Takeaways
Taiwan will publish a comprehensive feasibility report by the end of 2025, evaluating whether Bitcoin can be incorporated into the country’s national reserves.
The Ministry of Finance and Central Bank will jointly assess risks and benefits, including volatility, custodial security, and potential economic impact.
The move signals growing governmental interest in digital assets, reflecting global trends as countries explore the role of cryptocurrencies, such as Bitcoin, in their national financial strategies.
Taiwan plans to release a report on its Bitcoin (BTC) reserves, indicating that officials are considering whether the nation should emulate the United States by establishing a national BTC reserve.
Overview
Taiwan’s Premier Zhou Rongtai has announced that the government will release a detailed assessment report on the potential establishment of BTC reserves by the end of 2025. The move comes amid growing regional interest in using digital assets as part of national reserve strategies, following similar discussions in countries such as El Salvador and Argentina.
Speaking during a legislative session this week, Rongtai confirmed that Taiwan’s Ministry of Finance (MOF) and Central Bank will jointly evaluate the feasibility of holding BTC as a reserve asset. The report will examine economic implications, fiscal risks, and global precedents to determine whether digital assets could complement Taiwan’s traditional foreign exchange reserves, which are currently dominated by US dollars and government bonds.
“The government recognises the increasing importance of digital assets in global finance,”
Rongtai said.
“We will approach this issue carefully, with a focus on stability, transparency, and long-term value.”
The planned study represents Taiwan’s first official step toward exploring BTC’s role in its financial framework. While the government has not committed to purchasing BTC, analysts say the assessment signals growing openness to crypto at an institutional level.
Balancing Innovation with Financial Prudence
Taiwan’s interest in BTC reserves comes amid rising regional momentum for digital asset integration. Countries such as Japan and South Korea have implemented clearer crypto regulations, while Hong Kong recently opened its doors to retail crypto trading under a licensing regime. However, Rongtai emphasised that Taiwan’s approach will remain conservative, highlighting the volatility of BTC and the need to safeguard national financial stability.
“Any consideration of digital reserves must align with prudent fiscal management and existing monetary policy frameworks,”
he said. According to reports, the study will include consultations with local financial institutions, blockchain industry experts, and international organisations. It will also examine how BTC reserves could affect Taiwan’s monetary policy, credit ratings, and trade relationships.
The Central Bank is expected to lead the technical analysis, evaluating issues such as liquidity, custodial security, and the potential impact of price swings on reserve values. Meanwhile, the Financial Supervisory Commission (FSC) will assess the regulatory implications, including compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) standards.
While some legislators have voiced doubt about holding volatile assets, others argue that BTC could serve as a hedge against inflation and geopolitical risk. Proponents cite growing institutional adoption globally, including the rise of US spot Bitcoin ETFs and the participation of large asset managers such as BlackRock and Fidelity.
Industry Applauds Move Towards Crypto Policy Clarity
Taiwan’s crypto industry has welcomed the government’s announcement as a positive step toward policy clarity and innovation. Local blockchain associations and fintech firms say the study could pave the way for more forward-thinking regulations and greater investor confidence.
“Even if Taiwan decides not to hold Bitcoin reserves immediately, the process of evaluating the option is valuable,”
said Jason Lin, founder of Taipei-based crypto advisory firm BlockBridge.
“It shows the government is taking digital assets seriously rather than dismissing them outright.”
Taiwan has been gradually expanding its oversight of the crypto sector. In September 2024, the FSC introduced new guidelines requiring exchanges to register with local authorities and comply with stricter anti-fraud and security measures. Lawmakers are also discussing the introduction of a comprehensive Digital Asset Management Act in 2026.
Analysts note that Taiwan’s strategic interest in BTC reserves could also have geopolitical implications. As tensions with China persist, diversification of financial reserves could serve as a hedge against currency-related vulnerabilities. Holding BTC, which operates outside the traditional financial system, could theoretically strengthen Taiwan’s financial resilience.
Still, experts warn that integrating BTC into national reserves poses significant challenges, from custody risks to accounting complexities.
“Bitcoin’s transparency and portability are appealing, but its volatility and uncertain legal treatment under international accounting standards make it difficult to adopt at scale,”
said economist Grace Huang of National Taiwan University.
Despite these challenges, the upcoming assessment underscores Taiwan’s ambition to remain competitive in the global digital economy. By balancing innovation with regulatory prudence, the government aims to ensure that Taiwan’s financial system can adapt to emerging trends without undermining its stability.
“The world is moving toward digital finance,”
Premier concluded.
“Our responsibility is to study these developments carefully so Taiwan can make informed, strategic decisions about its future.”