The governor of the Czech National Bank is considering purchasing Bitcoin as part of the country's reserves.

Some news reports have stated that the Governor of the Czech National Bank, Aleš Michl, has mentioned in a media interview that he is currently considering purchasing Bitcoin and making it one of the assets held within the foreign currency reserves of the Czech Republic as part of a potential diversification strategy for Czech foreign exchange reserves. According to the report, the Governor of the Czech National Bank said he is thinking of buying a small amount of Bitcoin primarily to achieve a diversification principle in the foreign currency reserves of the country's central bank, which would not constitute a significant investment for the Czech National Bank. The comments from the central bank governor come at a time when only El Salvador and the Central African Republic have adopted Bitcoin as an official currency in their central bank reserves. Although some other governments hold significant amounts of Bitcoin, these are not considered part of the official reserves of those countries.

 

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