Wednesday , 8 January 2025
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Czech National Bank governor is considering buyin Bitcoin for future reserve strategy

The Czech National Bank, is the central bank and financial market supervisor in the Czech Republic.

Governor Aleš Michl is reported as having considered Bitcoin as a potential diversification strategy for the country’s foreign exchange reserves, Via CNN Prima News interview:

  • said he was considering acquiring “a few Bitcoin” for diversification, which wouldn’t count as a significant investment for the bank.

Info via Coin Telegraph, link for a little more.

BTC update:

I stuck that horizontal line in, it suggests to me BTC looks a wee bit heavy. I’m sure ForexLive traders will have a better tech take than me though – in the comments please folks!

This article was written by Eamonn Sheridan at www.forexlive.com.

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