News with the tag "Czech National Bank"

The Czech National Bank (CNB) is considering adding Bitcoin to its national reserves , with Governor Aleš Michl proposing to allocate up to 5% of the country’s €140 billion reserves to the cryptocurrency. If approved, this move would make the CNB the first Western central bank to hold Bitcoin. Michl...

The Bank Board of the Czech National Bank (CNB) has approved a proposal to evaluate investing in new asset classes, including Bitcoin, as part of its international reserve management strategy. The decision came during a meeting today where the board reviewed a report on its international reserve man...

The head of the Czech National Bank is reportedly proposing to invest 5% of the country’s reserves in Bitcoin ( BTC ). In a new interview with The Financial Times, Aleš Michl says he plans to propose a Bitcoin reserve strategy at the bank’s seven-member board meeting on Thursday, which could make it...

The Czech National Bank (CNB) may become the first central bank in Europe to directly invest in Bitcoin as part of its foreign exchange reserve diversification strategy. Governor Aleš Michl is preparing to present the Bitcoin acquisition plan to the bank’s board on January 30, potentially setting th...