Taiwan Assembly, "BTC Strategic Reserves Needed"…Should Be Recognized As Digital Gold
A claim was made at a meeting of Taiwan’s Legislative Yuan (National Assembly) that Bitcoin (BTC) should be strategically reserved. According to Wu Blockchain, with regard to the sharp fluctuations of the Taiwan dollar, some legislators argued that Bitcoin should be regarded as Digital Gold, and strategic retention should be promoted at the national level.
Legislator Ge Ru-Jun expressed at the meeting, “In an era of extreme exchange rate volatility, there is a need to redefine the means of value storage,” emphasizing, “BTC is an asset that can play a role similar to gold, and Taiwan should establish monetary policy and asset holding strategies tailored to the digital age.”
The remarks by Representative Ge Ru-Jun are interpreted as meaning that the Taiwanese government should convert part of its foreign exchange reserves into Bitcoin to lay the groundwork for risk hedging and advancing as a stronghold of digital assets.
Market experts evaluate that if this discussion leads to actual policy, Taiwan could become the first Asian country to officially recognize cryptocurrency as a reserve asset. Additionally, there is analysis that Taiwan’s decision could serve as a strategy to secure independent financial sovereignty amid political and economic conflict with China.