News View Non-AMP

Czech Republic Set to Adopt Bitcoin Reserve – USA Left Behind?

Published by
Nidhi Kolhapur

The Czech Republic is making moves to adopt a Bitcoin reserve, putting pressure on the U.S. to act. Senator Cynthia Lummis is urging the U.S. government to move forward with its own Bitcoin reserve proposal before other nations take the lead. While her idea has sparked interest globally, the U.S. has yet to take action.

Senator Lummis believes the U.S. must secure its position in the digital economy by establishing a Bitcoin reserve. In a post on X, she warned,

“If you’re not first, you’re last. America must take decisive action to establish a Strategic Bitcoin Reserve and secure its place in the 21st century,”

Czech Republic Takes Bold Steps Toward Bitcoin Adoption

Inspired by Donald Trump’s crypto-friendly stance, countries like the Czech Republic are moving forward with Bitcoin adoption. Meanwhile, Arizona and Utah have recently passed Bitcoin-related bills, signaling a shift toward more crypto-friendly policies in the U.S.

Lummis’ concerns come after the Czech Republic announced plans to hold billions of dollars in Bitcoin. On Wednesday, Governor Aleš Michl revealed that the country is preparing a Bitcoin acquisition bill. If approved, it would make the Czech Republic the first nation to officially establish a Bitcoin reserve.

Czech National Bank to Invest Billions in Bitcoin

Earlier this year, Governor Michl expressed interest in adding Bitcoin to the Czech National Bank’s (CNB) balance sheet for diversification. Now, the CNB has confirmed plans to allocate $7.3 billion—about 5% of its reserves – into Bitcoin.

With global interest in Bitcoin reserves growing, the big question remains: Will the U.S. step up, or will it fall behind in the digital asset race?

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Trump’s Big Beautiful Bill to Be Signed on July 4, Elon Musk and Biden Raise Alarms

President Donald Trump’s sweeping economic package, famously called the “Big Beautiful Bill,” has cleared the…

July 4, 2025

MetaPlanet to Launch Bitcoin-Backed Stock Offering 10% Yield in Japan

A Japanese-listed company, MetaPlanet, is preparing to launch Bitcoin-backed preferred stock. This new financial product…

July 4, 2025

Crypto Regulations in Italy 2025

Italy has established an organized framework for crypto regulations as part of the European Union…

July 4, 2025

America’s ‘Crypto Week’ Set for Mid-July to Advance Key Blockchain Bills

The House of Representatives announced that the week of July 14th will be “crypto week”…

July 4, 2025

Pi Network Price Prediction, if Listed on Binance and Coinbase

Pi Network’s native token, PI, is once again catching everyone’s eye as talk grows around…

July 4, 2025

Crypto Week Is Coming: Will These 3 Bills Send Bitcoin to $120K?

Crypto is buzzing with bullish energy as Trump drops one positive update after another. Traders…

July 4, 2025