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Nalezeno "the Czech Republic": 33

$46M Bitcoin Donation Pushes Czech Government to the Brink


A bitcoin donation of over $46 million from convicted criminal Tomáš Jiřikovský to the Czech Ministry of Justice has sparked a crisis in the coalition government, leading to a no-confidence vote initiated by opposition parties on June 17. Government Accused of Underworld Ties A controversial...

Bitcoin Scandal Forces Czech Justice Minister to Step Down


Czech political circles were shaken when Justice Minister Pavel Blažek stepped down following revelations that his ministry received a bitcoin donation valued at one billion crowns from an ex-convict previously charged with narcotics offenses. Although Blažek maintained his innocence, stating...

Czech Central Banker Skeptical of Bitcoin’s Place in Reserves


A Czech National Bank board member has raised doubts on bitcoin as a reserve asset, citing legal uncertainty and volatility risks, even as it explores new asset classes. Bitcoin Faces Pushback From Czech Central Bankers Czech National Bank board member Jan Kubicek has expressed reservations about...

Czech Central Bank Eyes Bitcoin? Governor Takes Step Toward BTC Reserves


The Czech National Bank is exploring bitcoin’s potential as a reserve asset, with its governor emphasizing the need to adapt to evolving financial markets despite crypto risks. Czech Central Bank Signals Bitcoin Interest—A Step Toward BTC Reserves? Aleš Michl, governor of...

A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies


Czech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan. 1, 2025. Additionally, annual crypto income below CZK 100,000 ($4,000) will be tax-free. Prime Minister Petr Fiala highlighted...

Central Banks Resumed Gold Purchases in June


Central banks ramped up gold purchases in June, according to statistics from the International Monetary Fund (IMF). In this period, central banks added 55 tonnes of gold to their reserves after three months of net selling, with China purchasing the most gold (21 tonnes). Central Banks Back...

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