Author: Editorial Office CVJ.CH

Editorial Office CVJ.CH

Since 2018, the editorial team at Crypto Valley Journal has been reporting from Zug - the heart of Switzerland’s Crypto Valley - on Bitcoin, cryptocurrency, blockchain, and regulatory developments in digital assets. Behind the publication’s collective editorial voice is a team of writers with backgrounds in financial markets, law, and technology.

The chairman of the Czech National Bank wants to invest billions of Euros of the country’s reserves in bitcoin. This would make the institution the first Western central bank to hold cryptocurrencies on its balance sheet. Governor Aleš Michl plans to present a proposal to the board of directors on Thursday to invest in bitcoin as a way to diversify Česká národní banka’s (CNB) reserves. According to the Financial Times, if approved, the CNB could allocate up to 5% of its €140 billion in reserves to bitcoin. Bitcoin is unstoppable Michl acknowledged bitcoin’s volatility and limited history, but emphasized its…

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