Czech National Bank advances Bitcoin study for possible reserves

The likelihood of a European central bank holding Bitcoin reserves has increased, despite European Central Bank President Christine Lagarde’s recent comments dismissing the asset as unsuitable. The Czech National Bank has approved a study to assess how Bitcoin (BTC) might serve as a reserve asset following a proposal from CNB Governor Aleš Michl.  Previously, Michl […]

Swiss lawmakers to study Bitcoin for power grid upgrade

Swiss policymaker Samuel Kullmann secured a sweeping majority vote for a Bitcoin mining study aimed at optimizing local power infrastructure. According to Bitcoin (BTC) advocate Dennis Porter, Kullmann’s proposal passed on Nov. 28 and could steer Switzerland toward BTC adoption. The Bitcoin policy will now explore how the world’s largest decentralized proof-of-work blockchain can stabilize […]