Czech National Bank Governor Ales Michl said that he will present a plan to the central bank's board to invest in bitcoin and added that it was "very likely" the bank would cut interest rates by 25 basis points next week,

Czech central bank Governor Ales Michl said he would propose a plan to include bitcoin in the country’s official reserves, the Financial Times reported, the first such move among western monetary institutions that have been mostly skeptical about crypto assets.