Ales Michl, the Governor of the Czech National Bank, continues to evaluate the incorporation of Bitcoin $96,395 into the central bank’s balance sheet. Despite the overall successes and failures of digital assets in the market, Michl emphasizes Bitcoin’s privileged status.
Bitcoin and Central Bank Reserves
In a lengthy social media post, Michl underscored that the cryptocurrency market will experience various successes and setbacks. He believes that Bitcoin should not be assessed alongside other cryptocurrencies.
Last month, Michl’s proposal to include alternative assets in the central bank’s balance sheet garnered attention. This proposal was approved by the bank’s board, allowing the initial analysis phase to commence. As part of this process, the technical infrastructure and functionality of digital assets will be tho…
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