TAIPEI (Taiwan News) — Taiwan will look at the feasibility of adding Bitcoin to the nation’s strategic reserves and may launch a treasury account with seized Bitcoin assets, according to media reports. 

JAN3, a fintech company, stated in an X post that the government will use Bitcoin holdings previously identified as “to be auctioned” as part of the pilot study. Furthermore, the Central Bank and Cabinet will work on how to integrate digital assets into the nation’s treasury system. It was described in the post as a “major milestone for #Bitcoin in Asia.”

The initiative is being led by KMT Legislator Ko Ju-chun (葛如鈞) and supported by JAN3 CEO Samson Mow. The latter described the move as “a forward-thinking step,” per Coinfomania. 

Ko said the strategic importance of this initiative would be to reduce dependence on traditional reserve assets like gold and US dollars. He emphasized that blockchain technology and Bitcoin could enhance financial resilience.

The government is said to be planning consultations with financial experts, industry stakeholders, and lawmakers to finalize the pilot scheme and regulatory framework. Timelines and implementation plans will likely be announced in the coming months.