Czech central bank to consider holding bitcoin as reserve asset
The Czech National Bank is considering allocating up to 5% of its €140 billion reserves to Bitcoin, which would mark the first such move by a Western central bank if implemented. Governor Ales Michl plans to present this consideration to the bank's board today as part of a broader reserve diversification strategy that includes gold purchases and increased equity exposure, citing growing institutional interest in the digital asset as contextual support. No immediate decision is forthcoming.