Czech central bank governor to present plan to hold reserves in bitcoin, FT reports
Czech National Bank Governor Ales Michl said that he will present a plan to the central bank's board to invest in bitcoin and added that it was "very likely" the bank would cut interest rates by 25 basis points next week,
Bitcoin rises as FT reports Czech central bank looks to spend billions of euros on crypto
The U.S. has not formally announced a bitcoin reserve yet. But other countries are addressing their national crypto strategies. Aleš Michl, governor of the Czech National Bank, told the Financial Times he wants to spend billions of the country's euro reserves on bitcoin.
Czech Central Bank Chief Mulls Bitcoin for Reserves, FT Reports
Czech central bank Governor Ales Michl said he would propose a plan to include bitcoin in the country’s official reserves, the Financial Times reported, the first such move among western monetary institutions that have been mostly skeptical about crypto assets.
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