Taiwanese legislator Dr. Ko Ju-chun puts the odds of Taiwan building a strategic bitcoin reserve at roughly 80% within five years and close to 100% within ten, if political conditions align. He has already delivered a reserve report to the premier and central bank, and points to a new crypto law as the island’s turning point.
Dr. Ko Ju-chun, an at-large member of Taiwan’s Legislative Yuan, puts the odds of a national bitcoin reserve at roughly 80% within five years and close to 100% within ten, provided the political conditions are right. He has emerged as the island’s most prominent advocate for adding bitcoin to its national reserves.
From report to the central bank
In April, Dr. Ko delivered a Bitcoin Policy Institute report on a potential reserve directly to Premier Cho Jung-tai and central bank Governor Yang Chin-long during a formal legislative session. He urged study of an initial allocation from the island’s $602 billion in foreign exchange reserves.
Rather than diversification, resilience is the case he leads with. He described bitcoin as a complement to Taiwan’s existing holdings rather than a replacement, and pointed to Ukraine, Iran, Bhutan, and other countries facing geopolitical or monetary pressure as examples the public can grasp. According to Bitcoin.com News, Dr. Ko said bitcoin “does not belong to any single sovereign state” and, unlike gold, is digitally transferable and verifiable.
A ‘CLARITY moment’ for Taipei
Dr. Ko laid out a five-step path: government research, a legal foundation, a small digital-asset reserve framework, a national vault for bitcoin the state already holds or has seized, and only then formal reserve legislation. Two of those steps are already behind him.
The legal foundation arrived weeks ago. Taiwan’s legislature passed the Virtual Asset Service Act on June 30, a licensing regime for exchanges and stablecoin issuers, which he calls the island’s “CLARITY moment” after the U.S. bill of that name.
Politics sets the timeline
The main variable in his forecast is electoral. Dr. Ko described the current ruling party as more cautious toward bitcoin but more open to real-world assets and stablecoins, and tied his prediction to a possible change of government after the 2028 or 2032 presidential election.
For now, the central bank has engaged cautiously and no allocation has been approved. Dr. Ko argues the island, which holds more than 80% of its reserves in U.S. dollar-denominated assets according to the report, should apply the same foresight it used to build its gold reserves before a crisis forces the question.
Source: Bitcoin News
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