Czech National Bank
Coverage of Czech National Bank in the Nexus archive.
- Czechs Look Past Energy Shock for Now With Rates Set to Stay Put
The Czech Republic is looking beyond its current energy crisis with interest rates expected to remain steady. The country has been dealing with an energy shock but is now focusing on future economic stability. This decision is intended to support the economy during a challenging time.
- Czech National Bank backs Bitcoin for reserves as governor outlines portfolio case
The Czech National Bank is considering Bitcoin as part of its foreign exchange reserves, with the governor advocating for its inclusion in the central bank's investment portfolio to diversify assets.
- Price of bitcoin could go higher or ‘can go to zero,’ says Czech central bank governor
Czech central bank governor warns that the price of Bitcoin could either rise significantly or drop to zero, highlighting the cryptocurrency's volatility.
- ‘This is the future’: Czech central bank governor makes case for bitcoin in sovereign reserves
Czech National Bank Governor Ales Michl stated that Bitcoin can enhance sovereign reserve portfolios without significantly increasing risk. He made these remarks at the Bitcoin 2026 event.
- Czech Central Bank Chief Backs Bitcoin as 1% Reserve Slice in ‘Conservative but Innovative’ Strategy
Czech National Bank Governor Aleš Michl announced a 1% Bitcoin allocation in the bank's reserves, emphasizing diversification and low long-term correlation with traditional assets. The move aligns with a 'conservative but innovative' strategy to boost returns without increasing risk.
- Czech National Bank Governor Will Soon Speak on Why They’re Diversifying Their Reserves With Bitcoin
Czech National Bank Governor Aleš Michl will speak at Bitcoin 2026 about diversifying central bank reserves with Bitcoin. He proposed allocating 5% of the CNB’s €140 billion reserves into Bitcoin in 2025, despite pushback from figures like ECB President Christine Lagarde. The CNB also conducted a $1 million test purchase of Bitcoin and other digital assets in 2025.