Taiwan Lawmaker Pushes for Bitcoin Reserve Amid Foreign Exchange Debate

TLDR: Taiwan legislator Dr. Ko Ju-Chun formally presented a Bitcoin reserve report to the premier on April 29.  Over 80% of Taiwan’s $602B reserves are in U.S. dollar assets, raising concentration and debasement risks.  The Bitcoin Policy Institute argues Bitcoin resists seizure and operates outside sovereign monetary control.  Taiwan’s central bank has one month to [...]

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