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$45 Million Bitcoin Scandal Sparks New Power Struggle in Czech Republic

Published by bitcoinist.com on 4 hours ago

$45 Million Bitcoin Scandal Sparks New Power Struggle in Czech Republic

This week, Czech Prime Minister Petr Fiala narrowly retained his position amidst political turmoil. His Civic Democratic Party faced a no-confidence motion on June 18, prompted by opposition parties that highlighted a controversial $45 million Bitcoin donation received by the Ministry of Justice.

The no-confidence vote ultimately failed, falling short by just seven votes, which has allowed Fiala's government to remain in power, though it is now left in a more precarious situation.

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