AI-X 價格X

Taiwanese legislator Ko Ju-Chun has urged the government to consider including Bitcoin in its national reserves, alongside gold and foreign currencies. Speaking at a national finance conference on May 9, Ko suggested allocating a small portion of the country’s reserve assets to Bitcoin ( BTC ) as a hedge against rising global economic uncertainty and regional geopolitical risks. Ko pointed to Bitcoin’s decentralized nature, fixed supply, and growing role as a hedge in various countries as reasons to integrate it into Taiwan’s sovereign asset strategy. He highlighted Taiwan’s reliance on exports and the associated volatility in the New Taiwan dollar as further justification for broadening the reserve mix. The lawmaker also referenced the country’s vulnerability in a potential crisis scenario, suggesting that Bitcoin could serve as an uncorrelated asset that maintains liquidity and avoids seizure risk during geopolitical tensions. He previously indicated on X that Taiwan could allocate up to 5% of its reserves—about $50 billion—to Bitcoin, though he framed this as part of a diversified approach rather than a full pivot. While Ko acknowledged Bitcoin is not a singular solution to Taiwan’s financial challenges, he emphasized the need to expand the nation’s toolkit for economic resilience. The proposal arrives as Taiwan moves toward more crypto-friendly regulation . The Financial Supervisory Commission is expected to roll out institutional crypto custody trials later this year. In contrast, mainland China continues to enforce a blanket ban on most crypto-related activities. Taiwan’s Financial Supervisory Commission released a draft of the “Virtual Asset Service Act” on March 25 to regulate crypto businesses and protect investors. The draft included licensing requirements for VASPs, standards for stablecoin issuance by banks, and enforcement measures. A 60-day public consultation period was launched, with the law expected to be submitted to the Executive Yuan by June 30. Ko’s call positions Taiwan among a small but growing group of jurisdictions exploring Bitcoin as a strategic reserve asset. Though no formal policy has been introduced, his advocacy signals rising interest in digital assets within Taiwan’s financial planning discussions.

The Golden Bull Run starts in 3 days 🚀 $BTC will go parabolic and hit $150,000 this summer. Altseason is coming, and $200 now = $20K next month. Here are 10 altcoins with 100-200x upside potential 🧵🔽

Rat poison is now worth $2T. That’s x12.5 of Warren Buffet.

The U.S. Senate’s failure to advance the GENIUS Act drew sharp criticism from Treasury Secretary Scott Bessent. He warned the decision could damage the country’s ability to lead in digital finance. This bill, officially the Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, failed a procedural vote on May 8. Several Democratic senators pulled their support, citing language and timing issues. Bessent, also active on X, called the bill a “once-in-a-generation opportunity.” He said it aimed to strengthen dollar dominance and promote U.S. leadership in financial innovation. Bessent argued the Senate’s vote hurts progress on a stable federal framework for payment-focused stablecoins. The GENIUS Act began as a bipartisan solution but faltered late. Senate Democrats pointed to unfinished text and last-minute changes for their opposition. Senator Mark Warner of Virginia stated he couldn’t back an incomplete bill, raising national security and anti-money laundering (AML) concerns. Revised bill language included tighter compliance and better safeguards for stablecoin issuers. Still, it wasn’t enough for Democratic backing. Some lawmakers reportedly worried President Donald Trump’s recent crypto endorsements added political baggage, compromising the bill’s neutrality. Related: Rep. Steil Wants Crypto Bills Passed “In Tandem”: Here’s the Strategy Senator Bill Hagerty introduced the GENIUS Act. Senators Tim Scott, Kirsten Gillibrand, Cynthia Lummis, and Angela Alsobrooks co-sponsored it. Despite efforts to find agreement, the bill failed to get enough votes to end debate (cloture) and proceed to a full vote. Senator Lummis also shared her disappointment via X. Senate Majority Leader John Thune expressed frustration. He stated Democratic input was included throughout the process. Senator Lummis echoed this, calling the bill an important bipartisan step for stablecoin payment clarity. Despite this setback, industry figures and lawmakers indicate efforts to regulate digital assets will continue. Related: Senator Hagerty’s GENIUS Act Aims to Pass Stablecoin Bill in 100 Days Coinbase CEO Brian Armstrong noted crypto legislation remains a priority. He anticipates further initiatives soon. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The inclusion of XRP in the U.S. Crypto Strategic Reserve reportedly wasn’t President Donald Trump’s original plan, according to new allegations. Emerging “truth” from crypto and political circles points to renowned lobbyist Brian Ballard as the key figure who influenced the decision to add XRP. This alleged lobbying backdrop casts a new light on President Trump’s crypto initiatives. After taking office, he first signed a January 2025 executive order, establishing the Presidential Working Group on Digital Asset Markets. The US President then announced on March 2 via Truth Social that XRP, Solana, Cardano, Ethereum, and Bitcoin would comprise the official US Crypto Strategic Reserve. Now, months later, political insiders claim Ballard’s efforts, driven by his ties with Ripple, were what landed XRP on that high-profile list. Documents confirm the lobbyist received at least $60,000 from Ripple in 2024, though the reasons for the payment remain undisclosed as of this report. Related: XRP Could Explode 10X From Here If This Triangle Pattern Holds These revelations about Ballard’s alleged influence have ignited widespread controversy. Reports from certain quarters claim Trump has severed ties with Ballard after realizing the lobbyist misled him. Despite the uproar, analysts think it’s highly unlikely the president would remove XRP from the US Strategic Crypto Stockpile, considering his ties with Ripple’s CEO Brad Garlinghouse, who donated significantly to Trump’s campaign and inauguration funds. Even as this stockpile controversy unfolds, XRP itself shows a bullish market outlook, surging over 15% in the past 24 hours. The cryptocurrency broke above a crucial $2.36 resistance on Friday morning, consolidating the bullish momentum. Related: Ripple CTO Makes The Case For XRP Inclusion in Crypto Stockpile Analysts predict higher levels for XRP, considering the expected litigation withdrawal from the SEC, which would bring the longstanding regulatory complications surrounding the digital payment project to a conclusive end. At press time, XRP traded at $2.3737, based on TradingView data. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.