Czech Central Bank Plans Strategic Bitcoin Reserve
Reading Time: 2 minutesThe Czech National Bank (CNB) has considered diversifying its reserves by investing up to 5% in Bitcoin Governor Aleš Michl has acknowledged Bitcoin’s volatility but emphasized its potential for diversification If approved, the CNB could become the first Western central bank to hold cryptocurrency in its reserves The Czech National Bank is exploring the possibility of diversifying its €140 billion ($146 billion) reserves by allocating up to 5% to Bitcoin…
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