CoinDesk · 15h
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.
Bitcoin Magazine · 16h
Czech National Bank To Assess Bitcoin as Part of Reserve Strategy
The Bank Board of the Czech National Bank (CNB) has approved a proposal to evaluate investing in new asset classes, including Bitcoin, as part of its international reserve management strategy. The decision came during a meeting today where the board reviewed a report on its international reserve management for 2024.
Reuters · 1d
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.
MarketWatch · 1d
Bitcoin rises as FT reports Czech central bank looks to spend billions of euros on crypto
The U.S. has not formally announced a bitcoin reserve yet. But other countries are addressing their national crypto strategies. Aleš Michl, governor of the Czech National Bank, told the Financial Times he wants to spend billions of the country's euro reserves on bitcoin.
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