Czech Central Bank Governor: Considering incorporating Bitcoin into the bank's foreign exchange reserve diversification strategy
ChainCatcher news, according to Cointelegraph, Czech National Bank Governor Aleš Michl recently stated in an interview with CNN Prima News that he is considering including Bitcoin in the bank's foreign exchange reserve diversification strategy. If implemented, the Czech central bank would become the first European central bank to purchase Bitcoin.In the interview, Michl mentioned that he is considering buying "a small amount of Bitcoin" as part of the reserve diversification. While this would not be a significant investment, its symbolic meaning is substantial. The bank's advisor Janis Aliapulios confirmed that although there are currently no plans to purchase Bitcoin, discussions on the matter cannot be ruled out in the future. Any decision to purchase Bitcoin would need to be approved by the board of directors of the Czech central bank, which consists of 7 members.