πŸ€‘ Bank Boss to Turn Reserves into Crypto Gold? πŸš€

What the wise should discern:

  • Behold! The Czech Bank Chief plans a crypto coup this Thursday.
  • If the gods smile, 5% of their hoard may turn to digital gold.

In a bold declaration to the Financial Times, the czar of the Czech National Bank, Ales Michl, has vowed to unveil a scheme to sprinkle a bit of the blockchain magic into their coffers. Should the board succumb to the charm, a mere 5% of their vast $146.13 billion treasure could be transformed into the glittering pixels of Bitcoin.

“For the embellishment of our wealth,” Michl muses, “Bitcoin is the shiny new toy.” So says the FT, echoed by the ever-vigilant Reuters.

Mchl hints at the crypto frenzy that has investors salivating since the grand debut of spot ETFs by BlackRock and its merry band.

As for the central bank’s reticence to comment, CoinDesk’s queries were met with the sound of crickets chirping.

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2025-01-29 10:29