Bitcoin Institute Recommends Taiwan Consider Holding Bitcoin Reserves

The Bitcoin Policy Institute has published a report recommending that Taiwan consider holding bitcoin as a reserve asset.

The report highlights the potential benefits of holding bitcoin alongside gold, including its ability to hedge against a decline in the dollar's value and potential price appreciation with increased sovereign adoption.

Taiwan's central bank previously expressed concerns over volatility, liquidity, and custody issues, but the report argues that these can be addressed through institutional measures.