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Legislative Yuan member Dr. Ko Ju-Chun placed a Bitcoin Policy Institute (BPI) report directly in front of Taiwan’s premier and central bank governor on April 29, proposing an initial $2.5 billion allocation from the island’s foreign exchange reserves and requesting a formal digital asset report from the central bank within one month.
During a formal interpellation session at Taiwan’s Legislative Yuan on 29 April, Dr. Ko Ju-Chun delivered the Bitcoin Policy Institute’s March 2026 report on national Bitcoin reserves directly to Premier Cho Jung-tai and Central Bank of China Governor Yang Chin-long.
The session, which is an official legislative mechanism in which lawmakers question senior executive branch officials, gave Ko a direct channel to place the proposal in front of two of Taiwan’s most senior decision-makers simultaneously. Ko urged the executive branch to explore allocating a portion of Taiwan’s $602 billion in foreign exchange reserves to Bitcoin as a strategic national asset.
Taiwan Lawmaker Calls for Bitcoin Reserve Using Foreign Exchange Reserves
According to the Bitcoin Policy Institute (BPI), Taiwanese legislator Dr. Ko Ju-Chun delivered BPI’s report on establishing a Bitcoin reserve for Taiwan to Premier Cho Jung-tai and Taiwan central bank… pic.twitter.com/HNLRiWGqVl
— Wu Blockchain (@WuBlockchain) May 2, 2026
He also formally requested that the central bank produce a new report within one month on stablecoins and broader digital asset reserves, a request that carries procedural weight inside Taiwan’s semi-presidential system, in which the premier leads domestic policy execution.
The Bitcoin Policy Institute report by fellow Jacob Langenkamp frames the case for Bitcoin reserves around two specific vulnerabilities in Taiwan’s existing reserve structure. The first is currency concentration risk. More than 80% of Taiwan’s $602 billion in reserves is held in US dollar-denominated assets.
The report argues that this concentration exposes Taiwan to dollar debasement and to the risk that dollar-linked assets become difficult to access or transfer in the event of a major financial or geopolitical disruption.
The second argument is geopolitical and specific to Taiwan’s strategic position. Langenkamp wrote that in a scenario where physical gold is stranded and dollar reserves face restrictions, Bitcoin remains fully accessible without physical transport. The report points to Bitcoin’s decentralized structure and its resistance to seizure or freezing via mechanisms such as a SWIFT-style blockade as distinct advantages for a jurisdiction that faces credible cross-strait military risk.
The proposal frames an initial allocation of approximately $2.5 billion, representing under 0.5% of total reserves, as a low-cost entry that would diversify reserve composition without materially altering Taiwan’s existing monetary framework.
Taiwan‘s Central Bank of China has not endorsed the proposal. In prior public statements, the bank raised concerns about Bitcoin’s price volatility as a disqualifying characteristic for a reserve asset, a position consistent with most G10 central bank thinking on the subject.
Governor Yang Chin-long received the BPI report during the 29 April session but issued no public response. The one-month deadline Ko placed on the central bank’s digital asset report means a formal institutional response is expected before the end of May 2026.
That report will be the first concrete signal of whether Taiwan’s monetary authorities are treating the proposal as a serious policy question or as a legislative exercise with no executive follow-through.
Sam Lyman, head of research at the Bitcoin Policy Institute, described Ko’s interpellation as evidence that Bitcoin reserve discussions are now reaching the highest levels of government, placing Taiwan alongside the United States and Brazil in the group of jurisdictions where the question has formally entered the executive branch agenda.
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