Czech central bank governor considers investing up to 5% of reserves in Bitcoin.

The Czech National Bank's Governor, Aleš Michl, is considering investing up to 5% of the bank's €140 billion in Bitcoin, which could make it the first Western central bank to hold cryptocurrency. Despite Bitcoin's volatility, Michl sees growing institutional interest and believes the move could diversify the bank's assets. The proposal will be discussed at an upcoming board meeting.

2 months ago
29 Articles