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.