The governor of the Czech National Bank (CNB) plans to propose buying Bitcoin to the bank's board. If approved, the bank could allocate up to 5% of its assets to Bitcoin. The governor believes that Bitcoin will help diversify the bank's current assets of over €146 billion. He also referenced US-based Bitcoin ETFs as evidence of widespread investor demand. This comes after the former finance minister of Germany advocated for diversifying Germany's reserves with Bitcoin and suggested the European Central Bank should also buy Bitcoin.



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