Bitcoin As Hedge: Taiwan Lawmaker Takes Reserve Proposal To The Top
Taiwan’s central bank is being given one month to produce a report on stablecoins and digital asset reserves — a deadline set not by its own leadership, but by a lawmaker in the country’s legislature. Related Reading: Bitcoin’s Defenders Launch ‘Evidence Base’ In Battle Against FUD A Formal Push From The Legislature That instruction came […]
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In a striking proposal at the 2024 Asia Blockchain Summit, Samson Mow, CEO of Bitcoin technology company JAN3, recommended that Taiwan should adopt BTC as part of its national reserve strategy by purchasing 83,000 units of the cryptocurrency. This figure is directly tied to Taiwan’s gold reserves, which are significantly higher relative to those of […]
A Democrat lawmaker has opposed US President Donald Trump’s plan to increase the government’s Bitcoin holdings by creating a strategic reserve. House Rep. Gerald E. Connolly of Virginia urged the US Department of the Treasury to halt the proposed Bitcoin reserve, suggesting that Trump has a conflict of interest in pushing for it. Lawmaker: Stop […]
As the global interest in Bitcoin (BTC) continues to rise, a Swedish lawmaker is advocating for the establishment of a national Bitcoin reserve, mirroring initiatives taken by the United States under President Donald Trump. Sweden Eyes Strategic Bitcoin Reserve Dennis Dioukarev, a Member of the Riksdag representing the Sweden Democrats, has formally approached Finance Minister […]
Filipino lawmaker Representative Migz Villafuerte has introduced House Bill 421, which seeks to establish a strategic Bitcoin (BTC) reserve for the Philippines. The bill tasks the Bangko Sentral ng Pilipinas (BSP) with acquiring 10,000 BTC over the next five years. Philippines Politician Floats Strategic Bitcoin Reserve Bill Under the proposal, the BSP would be responsible […]
Amid the global efforts to adopt crypto, members of the Riksdag, the Swedish Parliament, are urging the country’s finance minister, Elisabeth Svantesson, to evaluate a Bitcoin (BTC) Reserve for Sweden’s holdings. Related Reading: SEC Delays Decision On Staking For Grayscale’s Ethereum ETFs Swedish Lawmaker Proposes Bitcoin Reserve On Monday, Member of the Swedish Parliament and […]