Earlier this month Czech National Bank Governor, Aleš Michl, said he was considering Bitcoin as part of the country’s national reserves. Now the Financial Times reported that he will propose that the central bank hold as much as 5% of the countries €140 billion in reserves in the cryptocurrency during a board meeting tomorrow.
“For the diversification of our assets, bitcoin seems good,” Michl said in an FT interview. “Those [Trump] guys can now kind of create some bubble for bitcoin, but I think the trend would be an increase without those guys as well, because it’s an alternative [investment] for more people.”
The topic of Bitcoin as part of national reserves is a contentious issue. In last week’s Trump executive the crypto community was disappointed about the topic. The White House stopped short of pledging to invest fresh cash into Bitcoin, instead opting to consider creating a “national digital asset stockpile” from asset seizures.
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