The Czech National Bank (CNB) is considering a 5% Bitcoin allocation, a bold move that could make it the first major Western central bank to hold BTC.
đ âŹ140 billion in reserves â A 5% BTC allocation would mean a âŹ7 billion ($7.3 billion) investment, surpassing CNBâs âŹ4.3 billion gold reserves.
đ Governor AleĆĄ Michlâs proposal â Aiming for diversification, though volatility remains a key factor.
đ First-mover advantage? â No major central bank currently holds Bitcoin.
đ Decision day! â The CNB board is reviewing the proposal today.
đĄ The gap between traditional finance and crypto is shrinking fast.
đź Bitcoin is increasingly viewed as a trustworthy pillar of the new financial era.
Itâs not a matter of if central banks will adopt Bitcoinâbut when. âł
What do you think? Will this spark a trend among central banks? đ