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Czech central bank to consider holding Bitcoin

Fortune on MSN · 2d

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 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.

Cryptopolitan on MSN · 2d

Czech National Bank Governor proposes $7B Bitcoin Reserve

Michl noted that demand for BTC had surged in recent years after investment management firm BlackRock and other firms started offering Bitcoin exchange-traded funds last year. He

1d

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 ...

2d

Czech central banker Frait sounds caution on scope for rate cuts in 2025

The Czech National Bank (CNB) has limited room to ease monetary policy this year, with domestic inflation threats warranting ...

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