Taiwan Legislator Proposes $2.5B Bitcoin Reserve Allocation

Taiwan lawmaker Ko Ju-Chun delivered a Bitcoin Policy Institute (BPI) report to Premier Cho Jung-tai and Central Bank Governor Yang Chin-long on April 29 proposing that about $2.5 billion of Taiwan’s $602 billion in foreign exchange (FX) reserves be held in bitcoin. The figure represents under 0.5% of total reserves.

The report, written by Jacob Langenkamp and published in March 2026, lays out trade, economic and security arguments for adding bitcoin to national reserves alongside gold and foreign currency. It frames an initial allocation of roughly $2.5 billion as a modest entry that would diversify reserve composition.

The authors note Taiwan’s FX reserves are concentrated in dollar-denominated assets, which make up more than 80% of the holdings. The report cites two key risks from that concentration: exposure to dollar devaluation and the possibility that dollar-linked assets could become inaccessible in the event of major geopolitical escalation across the Taiwan Strait.

The report highlights bitcoin’s fixed supply and decentralized design, saying those features make it resistant to seizure and less vulnerable to being cut off by a SWIFT-style financial blockade. It presents those technical attributes as the primary security rationale for the proposed allocation.

Ko handed the report to the premier and the central bank governor during a formal legislative interpellation, creating a record in the legislative process. Neither the central bank nor the premier’s office has announced any decision or commitment following the presentation.

The proposal comes amid wider policy discussions on crypto and sovereign reserves. In the United States there has been speculation and legislative activity in multiple states about reserve experiments. Brazil has reintroduced legislation that would permit large bitcoin holdings at the national level.

Taiwan’s FX reserves, managed to support the currency and external stability, would require detailed analysis before any change in composition. Central bank review and likely legislative and executive consideration would be needed, and officials would need to address volatility, custody arrangements, legal issues and the operational mechanics of adding a digital asset. No timetable for deliberation or action has been announced.