In a significant parliamentary development, Taiwanese lawmaker Wang Mei-hui has formally urged the Ministry of Finance to evaluate incorporating Bitcoin into the nation’s strategic reserves. The proposal, submitted during a recent legislative session, calls for comprehensive analysis of Bitcoin’s potential role in diversifying Taiwan’s national treasury assets.
Wang’s initiative highlights growing recognition of digital assets as potential components of sovereign wealth strategies. The legislator emphasized that careful assessment of Bitcoin’s risk profile, technological infrastructure requirements, and long-term viability could position Taiwan advantageously in the evolving global financial landscape. This parliamentary motion comes amid increasing institutional adoption of cryptocurrencies worldwide and reflects Taiwan’s proactive approach to financial innovation.
The proposal has sparked discussions among financial regulators about appropriate frameworks for digital asset integration. While acknowledging Bitcoin’s volatility, supporters argue that strategic allocation could hedge against traditional market risks and currency fluctuations. The Central Bank of Taiwan and Financial Supervisory Commission are expected to review the technical and regulatory implications, including security protocols, custody solutions, and compliance measures necessary for such an undertaking.
This parliamentary action represents one of the first formal efforts by an Asian legislature to consider cryptocurrency reserves at the national level, potentially setting precedents for other economies evaluating digital asset strategies.
