Can Bitcoin (BTC) find the sheet balance of a European Central Bank?
That possibility took at least a small step forward on Thursday after the Czech National Bank (CNB) Board (CNB) approved a proposal to consider the investment of reserves in other property.
Central Bank Governor Aleš Michl will release, the proposal is to study the bank’s reserves in “additional asset classes.” In An interview with ft Earlier this week, though, Michl clarified his interest in this exercise possibly increasing Bitcoin as a reserve owner.
“My goal is to change the portfolio, so if Bitcoin is good (for that), then let’s do it,” Michl said.
“Based on the results of the review, the bank board will decide how to continue,” the CNB told the The statement this Thursday The approval was announced. “No changes will be implemented in this area until then.”
Not everyone in power in the Czech Republic approved the idea of exploring Bitcoin as a reserve option. “The central bank should symbolize stability,” country finance minister Zbynek Stanjura told the broadcasters on Thursday. “If you look at bitcoin trading, it’s definitely not a solid owner.”
Michl’s proposal is also mentioned by the European Central Bank (ECB), that President Christine Lagarde has devoted time to his press conference today to say He is confident that Bitcoin will not enter the reserves of either European Union Central Banks.
The Czech Republic does not use euro but the country is in the EU.
The CNB does not comment on the specific properties it considers.
