Taiwan Discloses 210.45 BTC in Seized Holdings

  • Taiwan's Ministry of Justice disclosed the government holds 210.45 BTC as seized assets.
  • Officials did not announce any liquidation, auction, or conversion plan for the seized bitcoin.
  • The disclosure places Taiwan among governments that hold bitcoin through enforcement actions, alongside examples cited such as the United States and Germany.
Taiwan Discloses 210.45 BTC in Seized Holdings
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Taiwan’s Ministry of Justice has disclosed that the government currently holds 210.45 BTC as seized assets.

Disclosure of seized bitcoin

The ministry said the bitcoin was confiscated in cases involving financial crimes and illegal digital transactions.

The disclosure was highlighted in a post shared by Bitcoin Magazine.

The post stated:

“BREAKING: The Ministry of Justice has just revealed that Taiwan now holds 210.45 Bitcoin in seized assets.”

No liquidation plan announced

Officials did not announce any plan to sell the bitcoin, auction it, or convert it into fiat currency.

The report did not include details on how the assets are custodied or how Taiwan will manage them going forward.

Taiwan joins other government holders

Taiwan’s disclosure places it among governments that hold bitcoin through seizures rather than an explicit reserve policy.

Taiwan has not announced a national bitcoin strategy alongside the disclosure.

Original Article