Czechia

Czechia Passes Crypto-Friendly Laws, Exempts Bitcoin From Capital Gains Tax

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Czechs or the Czech Republic is about to welcome a new law that exempt Bitcoin and other digital assets from the capital of capital gains if it is held for more than three years. On February 6, 2025, President Peter Paville signed a friendly legislation for law. The legislation was signed only after its approval … Read more

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

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

The Czech National Bank (CNB) is taking into consideration the addition of Bitcoin to its national reserves, with the governor Aleš Michl who proposes to allocate up to 5% of the reserves of 140 billion euros in the country to cryptocurrency. If approved, this move would make the CNB the first western central bank to … Read more