List of Flash News about Asian crypto markets
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2025-05-22 10:40 |
Taiwan Lawmaker Proposes $780 Million National Bitcoin Reserve: Potential Crypto Market Catalyst
According to Crypto Rover, a Taiwanese lawmaker has formally proposed creating a national Bitcoin reserve equivalent to 0.1% of Taiwan’s GDP, or approximately $780 million. This move signals growing institutional FOMO and could trigger increased Bitcoin demand and price momentum as other countries may follow suit. Traders should monitor potential regulatory developments and market reactions in Asia, as national reserves can bolster Bitcoin's long-term price stability and underline its status as a strategic asset. Source: Crypto Rover (@rovercrc, May 22, 2025). |