First Central Bank to Experiment with Bitcoin Deems Asset Too Volatile for Reserves
According to the Czech Republic's central bank governor, Alex Michl, incorporating bitcoin into the bank's reserves could enhance performance due to its low correlation with traditional assets, but its volatility poses a significant risk. In a speech at the Bitcoin 2026 conference, Michl noted that bitcoin's price fluctuations are substantially higher than other assets, which could result in subs…
April 29, 2026, 12:11 p.m.