Czech Government Survives Bitcoin-Fueled No-Confidence Motion

The Czech government, led by Prime Minister Petr Fiala, survived a no-confidence vote triggered by a $45 million bitcoin payment from an ex-convict. The controversy arose within the ruling coalition due to the acceptance of potentially illicit bitcoin holdings. Political consequences ensued, including the resignation of Justice Minister Pavel Blazek.

Devdiscourse News Desk | Prague | Updated: 19-06-2025 01:35 IST | Created: 19-06-2025 01:35 IST

Czech Government Survives Bitcoin-Fueled No-Confidence Motion — This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

Country:
Czechia

The Czech Republic's centre-right government, led by Prime Minister Petr Fiala, successfully withstood a vote of no confidence on Wednesday, following a cloud of controversy over the acceptance of $45 million in bitcoin from a former convict.

The no-confidence motion, filed by the opposition party ANO, accused the government of aiding the criminal in laundering potentially illegal cryptocurrency assets. Despite two intense days of debate, the motion was defeated in the lower house, where Fiala's coalition, spearheaded by the Civic Democrats Party, holds the majority.

Justice Minister Pavel Blazek, who accepted the bitcoin payment, stepped down amid criticism. Blazek maintained his innocence, stating the payment was a percentage of bitcoins found in a wallet, returned after a court ruling. The ex-convict's motivations for the donation remain unclear.

(With inputs from agencies.)