Taiwan Considers Bitcoin Reserves as Ministry of Justice Seizes 210 BTC
Taiwan's Crypto Holdings: Taiwan's Ministry of Justice currently holds 210.45 BTC and approximately NT$1.3 billion in seized cryptocurrencies, primarily consisting of stablecoins, ETH, BNB, Tron, and Livepeer, as part of criminal investigations.
Political Debate on Bitcoin: The disclosure of these holdings has ignited a political debate regarding the classification of Bitcoin as a strategic reserve asset, with lawmaker Ko Ju-Chun advocating for its inclusion in national reserves.
Regulatory Developments: Taiwan's central bank and the Financial Supervisory Commission (FSC) are pushing for stricter regulations on stablecoins, with a proposed Virtual Asset Services Act that could delay the launch of local stablecoins until late 2026.
Future Management of Seized Assets: The seized digital assets are under state custody while authorities explore management options, including potential liquidation through public auctions, although no final decision has been made yet.
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