Market News
Czech central bank to consider holding bitcoin as reserve asset - REUTERS
Jan 29 (Reuters) - The Czech National Bank will consider holding billions of dollars worth of bitcoin in its reserves, Governor Ales Michl said on Wednesday, potentially the first shift into the cryptocurrency by a western central bank if it went ahead.
Michl said the idea was still under analysis and no immediate decision was forthcoming.
Central banks traditionally park reserves in more conservative assets and some have warned about the risks of using cryptocurrencies in public coffers.
