Czech National Bank Approves Proposal to Study Bitcoin

European Central Bank president: Bitcoin lacks reserve potential
European Central Bank President Christine Lagarde ruled out the idea of European banks holding bitcoin in treasuries this week, stating, “Bitcoins will not enter the reserves of any of the central banks of the General Council [of the European Central Bank].
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 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 head wants it to buy billions of euros in bitcoin
The head of the Czech National Bank wants to plough billions of euros’ worth of the country’s reserves into bitcoin, a groundbreaking move that could make it the first western central bank known to hold crypto assets.
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 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 to consider bitcoin for diversifying reserves
The Czech National Bank (CNB) announced on Thursday that it will conduct an analysis to explore the possibility of expanding the asset classes in its reserves portfolio. The decision comes after Governor Ales Michl mentioned that bitcoin could be a potential option for diversification.
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