Czech National Bank governor is considering buyin Bitcoin for future reserve strategy


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

Governor Aleš Michl is reported to have considered Bitcoin as a potential strategy to diversify the country’s foreign exchange reserves, via an interview with CNN Prima News:

  • said he was considering buying “a few bitcoins” for diversification, which would not count as a significant investment for the bank.

Info via Coin Telegraph, link for a bit more.

BTC Update:

I put in that horizontal line, it suggests to me that BTC looks a little heavy. I’m sure ForexLive traders will have a better technical approach than me – in the comments please!



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *