Taiwan considers adding Bitcoin to its $602B foreign reserves to reduce U.S. dollar risk.

Taiwan legislator Dr. Ko Ju-Chun presented a report urging the government to allocate part of its $602 billion foreign reserves to Bitcoin, citing risks from heavy U.S. dollar concentration. The Bitcoin Policy Institute highlights Bitcoin's resilience against seizure and monetary control, contrasting it with traditional assets vulnerable to geopolitical risks. Taiwan's central bank, which previously rejected Bitcoin as a reserve due to volatility and custody concerns, now has one month to submit a new report on stablecoins and digital asset reserves. This move signals growing interest in integrating digital assets into Taiwan's financial policy framework.