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The Czech Republic can buy $ 145 billion in Bitcoin: Report – Bitcoinik

As reported, the Governor of the Central Cocean Bank plans to represent his plan to invest 140 billion euros in Bitcoin ($ BTC).

The Czech National Bank (CNB) is the Central Bank of the Czech Republic, a country without a coast located in Central Europe. Three weeks ago, we reported that the governor of the Central Czech bank proposed the idea of ​​investing in Bitcoin to diversify the bank’s investment portfolio.

At that time, the information was not very clear, but in the last development, an FT report confirmed that the governor of the Central Bank AleÅ¡ Michl will soon propose his plan to assign 5% of the bank’s reserves, which are currently in 140 billion euros, in Bitcoin.
If your proposal successfully obtained the approval, then it would surely mark a significant step in the adoption of Bitcoin and also made CNB the first important central bank in officially maintaining Bitcoin.

However, the high volatility in the commercial price of Bitcoin is a very big problem, but the governor seems free of voltage due to the high institutional demand of Bitcoin, especially in the presence of Bitcoin ETF Spot products issued by the main fund administrators . In addition, trust the procrypto leadership of US President Donald Trump. In general, he believes that the situation is now much better to enter the Bitcoin vehicle.

Countries that have the largest amount of bitcoin

Currently, the United States is at the top in terms of Bitcoin retention. USA Taking into account 198,109 BTC, China 200k BTC, United Kingdom 61.5k BTC, Ukraine 46,351 BTC, Bután 11,688 BTC, El Salvador 6K BTC.
It is worth taking into account that between these countries, only El Salvador and Bután are maintaining Bitcoin as part of the adoption of Bitcoin. The rest of the countries that have Bitcoin really seized the bad actors.
As reported, today, China, a country that imposed a general prohibition of cryptocurrencies in 2021, sold most of its Bitcoin holdings.

Bitcoin price action

The current commercial price of Bitcoin is $ 102,662 and this price level is 2.54% less in the last 7 days of the negotiation period.

Read also: cryptographic regulation is a national issue, says American senator Cynthia Lummis



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