Czech Central Bank Head Wants To Buy Bitcoin With 5% Reserve Allocation
The Czech National Bank (CNB) is considering a 5% Bitcoin allocation, surpassing its gold reserves. If approved, this move could reshape the future of national reserve assets.
![Czech Central Bank Head Wants To Buy Bitcoin With 5% Reserve Allocation](https://bitcoinmagazine.com/.image/c_fit,h_800,w_1200/MjEyNDYxNzMxOTk2MjQ3NTYx/czech-central-bank-head-wants-to-buy-bitcoin-with-5-reserve-allocation.jpg?#)
The Czech National Bank (CNB) is contemplating a groundbreaking shift in its investment strategy by considering the allocation of up to 5% of its reserves into Bitcoin. This potential move, led by Governor Aleš Michl, could position the CNB as the first major central bank in the West to hold digital assets.
BREAKING: