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Bitcoin Donation Scandal Rocks Czech Republic: Did the State Unknowingly Launder Millions?

[Jun 1 11:30 PM] A donation of 468 bitcoin to the Ministry of Justice from a convicted drug trafficker has sparked a scandal in the Czech Republic, leading to the resignation of Justice Minister Pavel Blazek. Blazek claimed he was unaware of any illegal conduct…

Bitcoin Scandal Forces Czech Justice Minister to Step Down

[Jun 1 5:15 AM] 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…

Czech Central Banker Skeptical of Bitcoin’s Place in Reserves

[Mar 20 12:30 AM] 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…

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

[Feb 24 2:30 AM] 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…

Forget the ECB — Czechia Should Embrace Bitcoin on Its Own Terms

[Jan 31 10:15 AM] The Czech National Bank (CNB) is considering adding Bitcoin to its national reserves, with Governor Aleš Michl proposing to allocate up to 5% of the country’s €140 billion reserves to the cryptocurrency. If approved, this move would make the CNB…

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

[Dec 8, 2024 8:30 PM] 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…

Czech gov’t moves to exempt crypto held for 3+ years from being taxed

[Dec 6, 2024 9:59 PM] The prime minister said Czech residents would not have to report crypto transactions under $4,200 per year or pay taxes for selling digital assets held for more than three years.

German fintech 21X gets EU license for tokenization platform

[Dec 3, 2024 8:47 AM] To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets.

Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty

[Oct 17, 2024 12:30 AM] Central banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support for gold’s growing…

Czech automobile conglomerate Škoda Auto launches NFT platform

[Jun 20, 2023 1:00 PM] The nonfungible token platform was launched in partnership with Near Protocol.

Trezor CEO cites usability as top factor for hardware wallet: BTC Prague 2023

[Jun 16, 2023 5:40 AM] Trezor doesn’t plan to introduce any private key recovery tools, as it has provided all possible means to help users secure the seed phrase, CEO Matej Zak said.