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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 Governor Yang Chin-long during a formal Legislative Yuan session on April 29.
Ko urged the executive branch to explore allocating a portion of Taiwan's $602 billion in foreign exchange reserves to BTC as a strategic national asset, and asked the central bank to submit a new report within one month on stablecoins and broader digital asset reserves.
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🚨LATEST: NEW CLARITY ACT TEXT BANS PASSIVE YIELD BUT ALLOWS ‘BONA FIDE’ REWARDS
Newly released Senate text would block crypto firms from paying yield simply for holding stablecoins in a bank-like manner, while still permitting ‘bona fide’ rewards tied to platform activity and transactions.
The compromise marks a major step toward resolving the biggest hurdle delaying the Clarity Act’s advancement.
$BTC $ETH $UB #TrumpWarOverIranTalks #CLARITYActYieldRules #EFSells47MInETH













