November 20, 2025 | 23:38Czech National Bank Governor Aleš Michl plans to allocate 5% of the bank’s 140 billion euro reserves to Bitcoin, potentially amounting to 7 billion euros. This move follows President Trump’s executive order aimed at enhancing Bitcoin adoption, despite the cryptocurrency’s volatility. Michl’s proposal reflects a growing trend among central banks to explore digital assets, with the Czech Republic joining other nations in considering strategic reserves.
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Czech National Bank Plans $7 Billion Investment in Bitcoin Reserves
The Czech National Bank (CNB) is poised to propose a $7.3 billion Bitcoin investment as part of its foreign exchange reserves diversification strategy. Governor Aleš Michl will present the plan at a board meeting on January 30, marking a potential first for European central banks. This follows recent discussions about Bitcoin as a reserve asset, although the bank had previously indicated no immediate plans for such an investment.
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The Czech National Bank is considering Bitcoin for diversifying its foreign exchange reserves, with a decision pending from its Board of Directors. Governor Aleš Michl emphasized the need for caution due to Bitcoin’s volatility, while also planning to increase gold reserves significantly by 2028. Starting January 2025, Bitcoin held for over three years will be exempt from capital gains tax, fostering a more crypto-friendly environment in the Czech Republic.
about Czech National Bank Considers Bitcoin for Foreign Exchange Reserve DiversificationCzech National Bank Governor Considers Bitcoin Investment Amid Gold Accumulation
Czech National Bank Governor Aleš Michl expressed skepticism about adopting the euro and emphasized the bank’s focus on diversifying its foreign exchange reserves, particularly through increased gold holdings. While he acknowledged the potential of Bitcoin as a diversification tool, he clarified that any investment in it would be minimal compared to ongoing gold accumulation, prioritizing low inflation and financial stability.
about Czech National Bank Governor Considers Bitcoin Investment Amid Gold AccumulationCzech Central Bank Considers Bitcoin as a Reserve Asset Option
The Czech National Bank’s governor, Aleš Michl, has proposed considering Bitcoin as a potential diversification strategy for the country’s foreign exchange reserves, signaling a growing interest in cryptocurrency among governments. This follows a global trend, with countries like Switzerland and Russia exploring Bitcoin’s role as a reserve asset to enhance economic stability and reduce reliance on traditional currencies. Prominent figures, including Donald Trump and Senator Cynthia Lummis, advocate for Bitcoin’s inclusion in national reserves, highlighting its finite supply as a hedge against inflation.
about Czech Central Bank Considers Bitcoin as a Reserve Asset OptionCzech National Bank Considers Bitcoin for Reserve Diversification Strategy
The Governor of the Czech National Bank, Aleš Michl, revealed plans to consider Bitcoin for reserve diversification, emphasizing its potential as an interesting asset. While the bank may add a small amount of BTC, it remains focused on gold investments and aims to hold 100 tons within four years. Discussions among board members about Bitcoin’s inclusion will continue, reflecting a cautious yet open approach to cryptocurrency.
about Czech National Bank Considers Bitcoin for Reserve Diversification StrategyCzech Central Bank Considers Bitcoin for Foreign Exchange Reserve Diversification
Czech National Bank Governor Aleš Michl is contemplating the inclusion of Bitcoin in the bank’s foreign exchange reserves, although current strategies prioritize gold for low inflation and financial stability. While he finds Bitcoin intriguing, he emphasizes the need for further discussion among board members before any potential acquisition. The Czech Parliament has recently approved a tax exemption for capital gains on Bitcoin held for over three years, fostering a more favorable environment for crypto investment.
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