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European Bank to Invest in BitcoinCzech central bank governor Ales Mitchell is set to propose to the bank’s board of directors that 5% of its €140 billion in reserves be allocated to Bitcoin. The move is a bold one and highlights the growing interest in digital assets by central banks. If the plan is approved, the Czech National Bank will become the first Western central bank to own Bitcoin.

European Bank to Invest in Bitcoin

Czech central bank governor Ales Mitchell is set to propose to the bank’s board of directors that 5% of its €140 billion in reserves be allocated to Bitcoin. The move is a bold one and highlights the growing interest in digital assets by central banks.
If the plan is approved, the Czech National Bank will become the first Western central bank to own Bitcoin.
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