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

Oct. 15, 2024No Comments1 Min Read
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Legislator Ke JuChun closely monitors the process of virtual asset special law central bank Bitcoin temporarily not included in foreign exchange reserves
Legislator Ke JuChun closely monitors the process of virtual asset special law central bank Bitcoin temporarily not included in foreign exchange reserves
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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 questioning, Legislator Ko Ju-chun emphasized that virtual currency and financial technology have become important trends in the global financial market and urged the government to accelerate the promotion of relevant policies. He raised the question of whether Bitcoin or other digital assets should be considered for inclusion in foreign exchange reserves. Central Bank Governor Yang Chin-long responded, “After careful study, Bitcoin will not be included in foreign exchange assets for the time being.” At the same time, Financial Supervisory Commission Chairman Thomas Huang indicated that the draft of the Virtual Assets Act 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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