The pro-crypto governor of the Czech National Bank, Aleš Michl, is considering incorporating Bitcoin into the nation's foreign exchange reserves as part of a diversification strategy. In an interview on CNN, Michl suggested the move would be modest, introducing Bitcoin alongside traditional assets like gold. While the bank's advisory board has not yet planned such an acquisition, future discussions remain open. The strategy reflects the Czech Republic’s new open stance on cryptocurrency. In December, the government passed a suite of new laws, including granting a Capital Gains Tax exemption for bitcoin holdings of over three years.
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