The Czech National Bank approves the proposal to study Bitcoin as a spare asset.
Can Bitcoin (BTC) turn to the loan table of the European Central Bank?
On Thursday, after the Czech National Bank (CNB) board approved the proposal to consider reserves for other assets, the possibility caused at least a small development.
The proposal suggested by the central bank governor Aleš Michl was to study banks’ reserve investments in the “Additional Asset Class.” But in an interview with the FT earlier this week, Michl would have had his interest in this movement to add Bitcoin as a spare asset.
Michl said, “My goal is to diversify its portfolio, so if Bitcoin is good, let’s go (for that). “Michl said.
CNB said in a Thursday statement that announced approval in Thursday statement, “Based on the analysis results, the bank board will decide how to proceed further.” “Until then, changes will not be implemented in this area.”
Not everyone with the power of the Czech Republic does not approve the idea of searching Bitcoin as a preliminary option. Zbynek Stanjura National Treasury Secretary told reporters on Thursday that “the central bank should symbolize stability.” Bitcoin transactions are not stable assets. “
Michl’s proposal was also mentioned by the European Central Bank (ECB), and President Christine Lagarde was confident that Bitcoin would not enter the burial of the European Central Bank.
The Czech Republic does not use the euro, but the country is in the EU.
CNB did not mention the specific assets in consideration.
