In today’s Bitcoin news, Taiwanese lawmaker Dr. Ko Ju-chun put a concrete probability on something most sovereigns still won’t discuss in public: he gives Taiwan about an 80% chance of establishing a strategic Bitcoin reserve within five years.
This prediction will become almost certain within ten years, provided that the island’s politics evolve in the right direction. The forecast comes with a detailed five-step roadmap and two milestones already behind it.
This news came as BTC USD surged +3.5% overnight, briefly reclaiming $65,000 before falling just below, with a move towards $70,000 once again in play. Bitcoin’s daily trading volume also increased, sitting at $31.5 billion as of yesterday.
$BTC 12H
Reverse health and safety complex escape with a target north of $70,000.
The shakeout in CPI formed a second straight shoulder with a perfect retest of the diagonal, then it continued with a clean break above the horizontal neckline.
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Bitcoin News: The Roadmap for Taiwan’s Strategic Bitcoin Reserve – Five Steps, Two Already Completed
Dr. Ko, a member at large of Taiwan’s Legislative Yuan and vice co-chair of the legislature’s US-Taiwan Caucus, has become the island’s most prominent advocate for a national Bitcoin reserve.
Its roadmap includes: serious government research, a legal basis, a small digital asset reserve framework, a national vault for Bitcoin that the government already holds or has seized, and only then formal reserve legislation.
Two stages are already underway. In April 2026, Dr. Ko formally delivered a report from the Bitcoin Policy Institute (BPI) on a potential Bitcoin reserve in Taiwan directly to Prime Minister Cho Jung-tai and central bank governor Yang Chin-long during a legislative session, urging the study of an initial allocation of Taiwan’s $602 billion in foreign exchange (FX) reserves.
Then, on June 30, Taiwan’s legislature passed the Virtual Asset Services Act, a broad licensing regime covering exchanges and stablecoin issuers, establishing the island’s dedicated crypto legal framework.
“Taiwan just passed the Virtual Asset Service Act, which I consider our ‘CLARITY moment,’” said Dr. Ko, drawing a direct parallel to the US CLARITY Act, which is now about to be voted on in the Senate. According to him, the legal basis is no longer a gap: it is a done deal.
Taiwanese lawmakers pass law establishing regulatory framework for Bitcoin and crypto industry.
"We are officially entering a new era of digital finance."
– Sapiens – KalshiBackTest.com (@BitcoinSapiens) July 13, 2026
Taiwanese lawmakers pass law establishing regulatory framework for Bitcoin and crypto industry. 
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The geopolitical case: this is not a portfolio operation
Dr. Ko thinks about how he frames his argument. This is not a talk of diversification; it’s a Bitcoin geopolitical hedge. “National strategic reserves will not always be limited to traditional sovereign currencies, bonds or precious metals.
The world has changed. In some extreme scenarios, such as war, sanctions or financial disruption, Bitcoin has already started to play a role,” he told Bitcoin.com News.
He cites Ukraine, Iran and Bhutan as cases that the Taiwanese public can easily understand, noting that Bhutan still holds thousands of BTC mined by its state investment arm.
The Bitcoin Policy Institute report he presented to the government highlights the same logic: with more than 80% of Taiwan’s foreign exchange reserves concentrated in U.S. dollar-denominated assets, a sovereign Bitcoin position offers something that gold cannot: digital transferability and verifiability that remains functional even in a blockade scenario.
Unlike dollars or bonds, Dr. Ko emphasized, “Bitcoin does not belong to any sovereign state.” This resistance to censorship and ability to cross borders is the insurance policy he is selling to Taipei, not the alpha generation. The argument directly relates to broader patterns of growing institutional and governmental acceptance of Bitcoin as a legitimate reserve asset.
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The variable: electoral politics
#Exclusive "Finally." This is how Taiwanese lawmaker Ko Ju-Chun described the moment the Virtual Asset Services Act (VASP Act) passed its final reading.
Ko says Taiwan lost a decade of blockchain momentum as crypto became increasingly associated with fraud. The new law, it… pic.twitter.com/FdfDyzfbzE
– The Storm Media風傳媒英文新聞 (@StormMedia_eng) July 14, 2026
In other Bitcoin news, the 80% figure has an explicit condition. Dr. Ko ties his predictions to a center-right electoral outcome, particularly to the victory of a party such as the Kuomintang in the 2028 or 2032 presidential election.
The current ruling party, he said, is “more cautious about Bitcoin, but more open to RWA and stablecoins,” meaning the policy window depends on who controls the executive branch.
The central bank has so far moved cautiously and no allocations have been approved. This caution is not surprising given the institutional frictions that have even slowed the rapid evolution of the US strategic Bitcoin reserve.
But with the Virtual Asset Services Act now in effect and the BPI research phase officially underway, Dr. Ko counts two milestones completed out of five, and he’s speaking at WebX in Tokyo, where a full follow-up interview is planned.
Whether Taipei accelerates or stagnates from here depends less on technology and more on who wins in 2028.
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