Czech Central Bank Governor Aleš Michl recently stated that he is considering including Bitcoin as part of a future foreign exchange reserve diversification strategy. (Background: The first Bitcoin tax evasion conviction in the U.S.! The court ordered the handover of a $124 million BTC private key and sentenced the individual to two years in prison) (Additional context: Bitcoin has plummeted to $96,000, Nvidia has dropped 6%, causing a crash in U.S. stocks; will the Federal Reserve only reduce interest rates once this year?) On January 7, Czech Central Bank Governor Aleš Michl mentioned in an interview with CNN Prima News that he is considering purchasing a "small amount of Bitcoin" as part of the national reserve assets. Michl emphasized that any decision involving Bitcoin must be approved by the central bank's council, which consists of seven members, reflecting a cautious decision-making process. Although this move currently has limited impact on the central bank's overall investments, it holds symbolic significance. CNB advisor Janis Aliapulios commented: "The Czech Central Bank is not currently considering purchasing cryptocurrency assets as foreign exchange reserves, but we do not rule out further exploration of this topic in the future." Gold remains the mainstay, but Bitcoin's return is eye-catching. TradingView Currently, the focus of the Czech Central Bank is to increase gold holdings, planning to raise gold reserves to 5% of total assets by 2028. However, Bitcoin's price surged over 131% in 2024, far exceeding gold's 30% increase during the same period, coupled with the expectation of a more favorable regulatory environment under Trump's administration, leading to a continuous rise in global discussion. Previously, legislators in Pennsylvania and Texas proposed similar bills aimed at establishing strategic Bitcoin reserves, which, if realized, would bring global influence. Blockchain expert Anndy Lian stated: "Bitcoin has significant potential as a reserve asset but also carries high risks." "If Bitcoin becomes part of national reserves, the global financial landscape may change, but its volatility could lead to greater financial risks." The adoption of Bitcoin by various countries will accelerate by 2025. Matt Hougan, CEO of asset management firm Bitwise, had previously predicted a significant increase in Bitcoin adoption by countries this year and posted on X platform: "The dominoes are starting to fall..." This suggests that if his prediction comes true, more countries will consider adopting Bitcoin for investment or reserve purposes. Future developments are worth our continued attention. The dominos start to fall… https://t.co/t8fwpqflEd — Matt Hougan (@Matt_Hougan) January 7, 2025 Related reports: The first Bitcoin tax evasion conviction in the U.S.! The court ordered the handover of a $124 million BTC private key and sentenced the individual to two years in prison. Bitcoin has plummeted to $96,000, Nvidia has dropped 6%, causing a crash in U.S. stocks; will the Federal Reserve only reduce interest rates once this year? Bitcoin's "head and shoulders" pressure is forming, analysts say: if key support is lost, it may plummet to $75,000. "Czech Central Bank considers including Bitcoin in foreign exchange reserves, Bitwise CEO: The dominoes have fallen" This article was first published on BlockTempo, the most influential blockchain news media.

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