Czech central bank chief wants the country to buy billions of dollars in Bitcoin as he claims Trump ‘guys’ have created a bubble
The boss of the Czech Republic’s central bank wants to pump billions of euros of the country’s reserves into Bitcoin, a landmark move that would likely upset fellow European central bankers. Czech National Bank (CNB) governor Aleš Michl floated the idea of his country becoming the first in Western Europe to hold some of its reserves in cryptocurrency,
Czech central bank approves proposal to explore Bitcoin for foreign exchange reserves
Czech central bank exploration into Bitcoin and new asset classes aims to diversify and potentially enhance reserve management.
Czech Finance Minister opposes central bank’s Bitcoin investment plan
Czech Finance Minister Zbynek Stanjura has raised his concern about the central bank Governor's suggestion to explore the possibility of investing some of the country's foreign currency reserves in Bitcoin.
Czech to explore new assets, skips Bitcoin as $7B BTC reserve faces criticism
Czech Finance Minister Zbynek Stanjura has warned against the CNB’s proposal to consider investing up to 5% of its reserves in Bitcoin, citing volatility risks.
Czech Central Bank to Consider $7 Billion Bitcoin Reserve: Report
The head of the Czech central bank is about to propose that the institution add Bitcoin to the country's reserves.
Czech Central Bank Head Wants To Buy Bitcoin With 5% Reserve Allocation
The Czech National Bank (CNB) is considering a 5% Bitcoin allocation, surpassing its gold reserves. If approved, this move could reshape the future of national reserve assets.
Czech National Bank Approves Proposal to Study Bitcoin as Reserve Asset
The Czech Republic does not use the euro but the country is in the EU. The CNB did not comment on the particular assets it's considering. The proposal was put forward by CNB Governor Aleš Michl, who has said his interest was in possibly adding bitcoin to bank's balance sheet.
Czech central bank to consider holding bitcoin as reserve asset
The Czech National Bank will consider holding billions of dollars worth of bitcoin in its reserves, Governor Ales Michl said on Wednesday, potentially the first shift into the cryptocurrency by a western central bank if it went ahead.
Czech National Bank to become the first European central bank to add Bitcoin to its reserves
By Albin Sybera in Prague The Czech National Bank (CNB) is planning to become the first European central bank to add cryptocurrency bitcoin to its reserves, the CNB governor Aleš Michl said in an interview with the Financial Times on January 29.
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Czech Republic Greenlights Study on Adding Bitcoin to National Reserves
While Bitcoin adoption by central banks is gaining traction, regulatory concerns and volatility remain key hurdles.