🚨🚨🚨Taiwan's "lazy" stance on Bitcoin threatens innovation and monetary security
🤔Taiwanese legislator Ko Ju-Chun criticized the government's "overly cautious" approach to digital assets, describing this stagnation as "equivalent to laziness," which threatens the country's long-term competitive advantage. This criticism follows global predictions, such as from Deutsche Bank, suggesting that Bitcoin could appear on central bank balance sheets by 2030, a trend that Taiwan is currently not keeping pace with. Ko emphasized that the government is "dangerously behind" in assessing the strategic value of Bitcoin.
👀In addition to policy paralysis, the legislator also highlighted significant management shortcomings, particularly the secrecy surrounding Bitcoin seized in criminal cases. Ko called on the government to complete a comprehensive list and establish a national asset preservation framework to retain these seized assets, arguing that delaying action would threaten the credibility of institutions and the ability to innovate competitively.🙅 Prime Minister Cho Jung-tai eventually responded by committing to conduct an updated Bitcoin reserve assessment and a comprehensive listing report by the end of the year, signaling a reluctant acknowledgment of the need to move policy faster.#BTC90kBreakingPoint #StrategyBTCPurchase #BitcoinSPACDeal #BitcoinSPACDeal @Uweb @Brc蛙蛙 @Eljaboom @Ryan Chow $ZEC
