#BinanceMegadropSolv
The governor of the Czech National Bank evaluates Bitcoin for future reserves.
The governor of the central bank, Aleš Michl, recently stated that he was considering investing in Bitcoin as part of the bank's diversification strategy.
The governor of the Czech National Bank, Aleš Michl, recently considered Bitcoin as a possible diversification strategy for the country's foreign currency reserves, highlighting the growing government interest in the cryptocurrency sector as a savings technology.
In an interview with CNN Prima News, Michl stated that he was considering acquiring 'a few Bitcoins' for diversification, which would not be counted as a significant investment for the bank.
The board of the Czech National Bank, composed of seven members, would need to approve any decision to acquire Bitcoin.
Bitcoin could emerge as a significant reserve asset alongside gold, thanks to its strong annual returns. Over the past year, Bitcoin increased by more than 131%, while gold prices rose by approximately 30%, according to TradingView data.
