"Taiwan's Ministry of Justice has disclosed that the government holds more than 210 bitcoin seized through criminal investigations, placing the island among the world's top government holders of the asset by volume. The disclosure, confirmed by legislator Ko Ju-chun, shows that judicial authorities held 210.45 BTC as of Oct. 31. At current market prices, their BTC is worth about $18 million."
"According to data from Bitcoin Treasuries, this would put Taiwan as the 10th-largest government holder of BTC globally. Ko said the information was released in response to a legislative inquiry and shared an image documenting the total amount held under state custody. The ministry said the bitcoin was confiscated in cases tied to financial crime and illegal digital asset activity."
"Back in November, Taiwan's Premier and Central Bank reportedly agreed to study Bitcoin as a strategic reserve, draft pro-Bitcoin regulations, and pilot BTC treasury holdings, starting with seized BTC that is 'awaiting auction.' While many countries have accumulated BTC through enforcement actions, few have provided clear guidance on custody standards or long-term policy. Taiwan's Ministry of Justice did not outline any plans to liquidate, auction, or convert the seized BTC into fiat currency."
Taiwan's Ministry of Justice holds 210.45 BTC seized through criminal investigations, valued at about $18 million at current market prices. Judicial authorities reported the total as of Oct. 31 and a legislator, Ko Ju-chun, shared documentation of state custody. The bitcoin was confiscated in cases tied to financial crime and illegal digital asset activity. Taiwan's Premier and Central Bank reportedly agreed in November to study Bitcoin as a strategic reserve, draft pro-Bitcoin regulations, and pilot BTC treasury holdings using seized coins awaiting auction. The ministry did not disclose custody arrangements or plans to liquidate, auction, or convert the seized BTC into fiat currency. Governments worldwide hold over 640,000 BTC.
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