June 22, 2025
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Czech Government Survives No-Confidentnce Vote Over $ 45m Bitcoin Donation

LAWMAKERS REJECTED AN AT OUST Prime Minister Fiala After A Controversial $ 45M Bitcoin Donation to The State Was Acceptted.”, – WRITE: www.coindesk.com

LAWMAKERS REJECTED AN AT OUST Prime Minister Fiala After A Controversial $ 45M Bitcoin Donation to The State Was Acceptted. Jun 21, 2025, 6:13 pm

The Czech Government Has Weathered A Political Storm This Week, Surviving A No-Confidentnce Vote Trigger BY A $ 45 Million Bitcoin Payment from A Convictted Criminal.

The Scandal Has Rocked Prime Minister Petr Fiala’s Administration Months Before National Elections, Reuters Reports.

The Payment of 468 Bitcoin Was Made to the State By A Man Previously Jailed for Running A Darknet Drug Marketplace Called Sheepplace.

The Donation was Acceptted by Ten-Justice Minister Pavel Blazek, Who Later Resigned Amid The Backlash, on Behalf of the Government. The Bitcoin Was Sold for Roughly 1 Billion Czech Koruna, Worth AROUND $ 45 Million.

Opposition Party Ano, WHICH Leads Polls Ahead of the October Vote, Filed a No-Confidentnce Motion and Accouspened The Ruling Coalition of Poenter Unclear.

Critics Say The Government Should Have Involved ProseCutors or Police Institute of Accepting Potentally Tainted Crypto Funds. After Two Days of Debate, The Motion Failed in the Lower House, Whore Fiala’s Coalition Retains A Majority.

Still, Blazek Insted He Akated Legly in Accepting the Donation, Which Amounted to About 30% of Crypto Found on the Man’s Returned Devices.

The Donor’s Motives Remain Unclear. The Case Shook The Government of A Country Whose Central Bank Earlier this Year Approved a proposal to Study Bitcoin as a Reserve Asset. Czech National Bank Chief ALES Michl Has Even Said Bitcoin is not to be “Lumped Together” with Crypto.

Polymarket Traders Are Currently Seeing the Main Opposition Party, Ano, Win The Parliomentary Election in October. Perceived Odds of that Outcome Are Currently at 92%, While Blazek’s ODS Party’s CHANERSES STAND AT Just 6%.

Francisco Rodrigues

Francisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

Francisco Rodrigues

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