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Taiwan’s Ministry of Justice unveils over 210 Bitcoin seized in criminal cases

Crypto Briefing
Taiwan's Ministry of Justice holds over 210 seized Bitcoin, valued around $18 million, ranking it 10th globally in government holdings.

Summary

Taiwan's Ministry of Justice confirmed holding 210.45 Bitcoin seized from criminal cases as of October 31, a disclosure prompted by legislator Ju-Chun Ko. Based on Bitcoin's trading price at the time, the confiscated assets are estimated to be worth approximately $18 million. This amount positions Taiwan as the 10th largest government holder of Bitcoin globally, according to data from BitcoinTreasuries.NET. Globally, governments collectively hold over 640,000 BTC, representing about 3% of the total supply, with the US government being the largest holder.

(Source:Crypto Briefing)