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Bitcoin News / Bitcoin.com - 1 week ago

Taiwan Lawmaker Calls for Bitcoin Reserve Funded by $602B FX Chest

A Taiwanese legislator has formally presented a proposal to the country’s premier and central bank governor to allocate part of Taiwan’s $602 billion in foreign exchange (FX) reserves into bitcoin. Key Takeaways: Legislator Ko Ju-Chun presented a BPI...

Bitcoin News / Bitcoinist - 1 week ago

Bitcoin As Hedge: Taiwan Lawmaker Takes Reserve Proposal To The Top

Taiwan’s central bank is being given one month to produce a report on stablecoins and digital asset reserves — a deadline set not by its own leadership, but by a lawmaker in the country’s legislature. A Formal Push From The Legislature T...