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Czech Crypto Firms to Gain Banking Access Under Fresh Legislation

Czech Crypto Firms to Gain Banking Access Under Fresh Legislation

The Czech Republic officially enacted a new cryptocurrency law that simplifies tax rules and brings the country in line with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The legislation, signed by President Petr Pavel, aims to support industry growth while introducing clearer co…

Czech $7B Bitcoin reserve proposal sparks criticism over BTC volatility

Czech $7B Bitcoin reserve proposal sparks criticism over BTC volatility

As the Czech National Bank (CNB) is set to address a proposal on setting up a $7 billion Bitcoin reserve, the Czech Finance Minister has expressed concerns about the potential move.Czech Finance Minister Zbynek Stanjura has warned against CNB’s proposal to consider investing up to 5% of its reserves…