Think Tank Urges Taiwan to Reconsider Bitcoin as Wartime Reserve Asset

Jacob Langenkamp, a researcher at the U.S.-based Bitcoin Policy Institute, published a report on March 31, 2026, arguing that Taiwan could face transportation, custody or sanctions-related constraints on its U.S. dollar and gold holdings in the event of a Chinese blockade or war. Bitcoin's ability to move across borders and be held in self-custody could therefore make it a supplementary tool for strengthening the resilience of Taiwan's national reserves, the report said.

On April 29, 2026, lawmaker Ko Ju-Chun presented the report in Taiwan's legislature to Premier Cho Jung-tai and central bank Governor Yang Chin-long, recommending a fresh assessment of allocating 5% of the country's foreign-exchange reserves to BTC. Based on Taiwan's roughly $602 billion in reserves, the allocation would amount to about $30.1 billion. The report also said more than 80% of the reserves were concentrated in U.S. dollar assets. The proposal remains a policy recommendation and has not been adopted by the central bank.