The head of the National Bank of the Czech Republic [informed about] (https://www.ft.com/content/a3c06f8f-34ad-4065-bcf4-97670230824f) his intention to submit to the board of directors a plan to invest billions of euros from the country’s reserves in Bitcoin – if the proposal is approved, the central bank will be able to hold up to 5% of its reserves in BTC**.
One source so far
The head of the National Bank of the Czech Republic announced his intention to submit to the board of directors a plan to invest billions of euros from the country's reserves in Bitcoin
№ 0633Published Updated 1 min read
Related stories
Regulation
Block Discloses Proposed $764M DOJ Payment in Anti-Money
🚫 TL;DR: Block, the payments company behind Cash App and Square, says it reached an agreement in principle with the US Department of Justice over an anti-money-laundering programme allegation. Its November 3 filing outlines approximately…
Read →Macroeconomics
Oil Falls on Reported $8 Billion US-Iran Hormuz Deal: What Happens to Bitcoin?
📉 Brent crude fell about 4.6% on Monday after a report that Iran offered to reopen the Strait of Hormuz for $8 billion in frozen funds. Bitcoin (BTC) did not join the relief, sliding to about $73,600.
Read →Regulation
MicroStrategy and Strive Buy 1,065 Bitcoin: Can Saylor Keep Adding Below Cost?
💼 MicroStrategy, Michael Saylor’s company now called Strategy, bought 1,036 Bitcoin (BTC) last week, lifting its stack to 850,364 coins. Strive added 29 more, even as BTC slipped below Strategy’s $75,456 average cost.
Read →Exchanges
BlackRock Transfers 5,320 BTC and 40,720 ETH Worth $482.66 Million to Coinbase
BlackRock transferred 5,320 BTC and 40,720 ETH with a combined value of $482.66 million. According to bloomingbit, the assets were received by crypto exchange Coinbase. The purpose of the transfer was not specified in the report.
Read →