News with the tag "Czech Central Bank"

The Czech National Bank (CNB) is evaluating Bitcoin (BTC) as part of its reserve diversification strategy , according to Governor Aleš Michl . While Bitcoin is under analysis , Michl emphasized that no immediate decision has been made , and the central bank board will conduct a thorough evaluation b...

The Czech National Bank (CNB) is poised to decide on Thursday whether to allocate up to 5% of its €140 billion in foreign exchange reserves to Bitcoin, an amount totaling roughly €7 billion (roughly $7.31 billion). Governor Aleš Michl revealed the plan in an exclusive interview with the Financial Ti...