Legislator Ko Chih-ju stated today (18) that according to the government's latest inventory results, as of October 31 this year, our country holds approximately 210.45 Bitcoins due to judicial seizure, valued at NT$576 million, ranking ninth among all countries. Ko believes that the government should continue to explore the possibility of various currencies as a national strategic reserve to enhance our country's financial resilience.
Legislator Ko Chih-ju pointed out on social media that he recently urged the government during the Legislative Yuan's general questioning to explore the possibility of various currencies as a national strategic reserve, stating, "Do not put all your eggs in one basket," and requested the relevant departments to assess the current amount of Bitcoin held due to confiscation in our country. Recently, the competent authority completed the inventory, and the relevant data has been officially replied.
According to official data provided, as of October 31, our country's prosecutorial authorities have seized virtual assets worth NT$1.3 billion, including 11 characters USDT (worth NT$560 million), 210.453 Bitcoins (worth about NT$576 million), and approximately 2,430 Ether (worth about NT$153 million).
Ge Ru-Jun cited data from CoinGecko that compiled 'Government Bitcoin Holdings,' indicating that our country's Bitcoin holdings rank ninth in the world, 'which has very strong application potential.'
He believes that Bitcoin, as a virtual currency, will experience price fluctuations in the short term, but in the long run, 'it is definitely one of the feasible solutions to increase the financial resilience of the country.' Currently, multiple governments have begun related assessments and preparations, and Taiwan should also have more forward-looking thinking.
Ge Ru-Jun wrote: 'Thanks to the regulatory authorities for the quick inventory. The information obtained today further confirms the feasibility of 'Bitcoin as a national strategic reserve' and encourages the government to continue considering more diverse currency options to enhance our country's financial resilience.'
Source: Legislator Ge Ru-Jun's Facebook page
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