Guy Fawkes 
In Bitcoin news today, Taiwanese legislator Dr. Ko Ju-chun has put a concrete probability on something most sovereigns still won’t discuss in public: he gives Taiwan roughly an 80% chance of establishing a strategic Bitcoin reserve within five years.
This prediction rises to near-certainty within ten years, provided the island’s politics shift in the right direction. The forecast comes with a detailed five-step roadmap and two milestones already behind him.
This news dropped as BTC USD surged +3.5% overnight, briefly reclaiming $65,000 before dropping just below, with a move toward $70,000 being back in play. Daily trading volume for Bitcoin has also spiked, sitting at $31.5Bn since yesterday.
$BTC 12H
Complex inverse H&S breakout with a target north of $70K.
The shakeout into CPI formed a second right shoulder with a perfect retest of the diagonal, then it followed through with a clean break above the horizontal neckline.
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Bitcoin News: The Taiwan Bitcoin Strategic Reserve Roadmap – Five Steps, Two Already Done
Dr. Ko, an at-large member of Taiwan’s Legislative Yuan and vice co-chair of the legislature’s US-Taiwan Caucus, has emerged as the island’s most prominent advocate for a Bitcoin national reserve.
His roadmap runs: serious government research, a legal foundation, a small digital-asset reserve framework, a national vault for Bitcoin the government already holds or has seized, and only then formal reserve legislation.
Two steps are already in motion. In April 2026, Dr. Ko formally delivered a Bitcoin Policy Institute (BPI) report on a potential Taiwan Bitcoin reserve directly to Premier Cho Jung-tai and central bank Governor Yang Chin-long during a legislative session, urging the study of an initial allocation from Taiwan’s $602Bn in foreign exchange (FX) reserves.
Then, on June 30, Taiwan’s legislature passed the Virtual Asset Service Act, a sweeping licensing regime covering exchanges and stablecoin issuers, establishing the island’s dedicated crypto law framework.
“Taiwan has just passed the Virtual Asset Service Act, which I see as our ‘CLARITY moment,’” Dr. Ko said, drawing a direct parallel to the US CLARITY Act, which is now approaching a vote on the Senate floor. The legal foundation, in his view, is no longer a gap – it’s done.
Taiwan’s legislature passes law establishing a regulatory framework for the Bitcoin and crypto industry.
“We’re officially entering a new era of digital finance.”
pic.twitter.com/TRFuUpPl6e
— Sapiens – KalshiBackTest.com (@BitcoinSapiens) July 13, 2026
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The Geopolitical Case: Not a Portfolio Trade
Dr. Ko is deliberate about how he frames the argument. This is not a diversification pitch; it is 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 certain extreme scenarios, such as war, sanctions, or financial disruption, Bitcoin has already begun to play a role,” he told Bitcoin.com News.
He points to Ukraine, Iran, and Bhutan as cases the Taiwanese public can readily grasp, noting that Bhutan still holds thousands of BTC mined by its state investment arm.
The Bitcoin Policy Institute report he presented to government underscores the same logic: with over 80% of Taiwan’s FX reserves concentrated in USD-denominated assets, a sovereign Bitcoin position offers something gold cannot: digital transferability and verifiability that remains functional even under a blockade scenario.
Unlike dollars or bonds, Dr. Ko emphasized, “Bitcoin does not belong to any single sovereign state.” That censorship resistance and border-crossing capability is the insurance policy he is selling to Taipei, not alpha generation. The argument connects directly to broader patterns of growing institutional and governmental acceptance of Bitcoin as a legitimate reserve-grade asset.
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The Variable: Electoral Politics
#Exclusive “Finally.” That’s how Taiwanese lawmaker Ko Ju-Chun described the moment the Virtual Asset Service Act (VASP Act) cleared its final reading.
Ko argues Taiwan lost a decade of blockchain momentum as crypto became increasingly associated with fraud. The new law, he… 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 carries an explicit condition. Dr. Ko ties his forecast to a center-right electoral outcome, specifically, a party such as the Kuomintang winning the 2028 or 2032 presidential election.
The current ruling party, he said, is “more cautious toward 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 engaged cautiously, and no allocation has been approved. That caution is not surprising given the institutional friction that has slowed even the U.S. strategic Bitcoin reserve from moving quickly.
But with the Virtual Asset Service Act now in force and the BPI research phase formally underway, Dr. Ko’s count stands at two steps completed out of five, and he is speaking at WebX in Tokyo, where a full follow-up interview is planned.
Whether Taipei accelerates or stalls from here depends less on the technology and more on who wins in 2028.
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The post Will Taiwan Bitcoin Reserve Rumor Send Bitcoin to $70K? appeared first on 99Bitcoins.
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