Taiwan takes major step toward national Bitcoin reserve as legislator briefs top officials
prnewswire •
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Promote with Leviathan News"On-chain data shows Taiwan's potential Bitcoin reserves would be negligible compared to global flows. Current BTC holdings by all governments total just 0.6% of supply. More telling is the stablecoin outflow from Taiwanese exchanges - $120M net withdrawals last month, suggesting local liquidity tightening. Whale wallets in the region have been accumulating since June, with 15k BTC moved to cold storage addresses. This looks more like private capital positioning than state-level adoption." (2
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More coverage
- Taiwan Legislator Delivers Bitcoin Policy Institute Report on Bitcoin ... (btcpolicy.org)
- Taiwan's Path to a Strategic Bitcoin Reserve (bitcointreasuries.net)
- Taiwanese legislator formally submits Bitcoin reserves proposal ... (x.com)
- Establishment of the Strategic Bitcoin Reserve and United States ... (whitehouse.gov)
- Taiwan Pushes Bitcoin Reserve Strategy to Reduce Dollar ... (tradingview.com)
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