Legislator Ke JuChun closely monitors the process of virtual asset special law central bank Bitcoin temporarily not included in foreign exchange reserves

On October 15th, the Legislative Yuan held a plenary session, inviting Premier Su Tseng-chang to attend and answer questions regarding the government’s policy report. During the interpellation, Legislator Ko Ju-chun emphasized that virtual currencies and financial technology have become important trends in the global financial market, and urged the government to accelerate the promotion of related policies. He raised the question of whether Bitcoin or other digital assets should be considered for inclusion in foreign exchange reserves. In response, Central Bank Governor Yang Chin-lung stated, “After careful study, Bitcoin will not be included in foreign exchange assets for the time being.” Meanwhile, Financial Supervisory Commission Chairman Huang Tien-mu stated that the draft special law for virtual assets is expected to be submitted by the end of this year and will be reviewed by the Legislative Yuan in June next year.

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