The Czech National Bank (CNB) Bank Committee has approved a proposal to evaluate investment in new asset classes, including bitcoin, as part of the International Reserve Strategy. This decision was held at a meeting today at a meeting that examined a report on the International Preparatory Management in 2024.
Creative: The Czech National Bank has approved a proposal to evaluate investment in additional asset classes such as bitcoin.
Yesterday, the Czech National Bank Governor said so "It is worth considering" Investment in bitcoin. pic.twitter.com/y2qnddnmcg
-Bitcoin magazine (@bitcoinmagazine) January 30, 2025
According to the Central Bank, the approval was the result of the continuous diversification of CNB over the past two years. Governor Alesse Missil proposed an analysis to determine whether Bitcoin could diversify and increase profits in central bank reserves. However, CNB reveals that there will be no immediate change, and the analysis results will lead to future procedures.
One day after MICHL announced that MICHL would assign 5 % of CNB's 140 billion euros to Bitcoin. Financial Times。 With this assignment, the Czech Republic can be the first Western Central Bank to accept bitcoin in the balance sheet. MICHL emphasized that Bitcoin can provide an innovative approach to booking and diversifying.
When implemented, the movement of the CNB could set a destructive precedent in the central bank globally, further emphasizing a wider shift to integrate bitcoin into a conventional preliminary strategy. Central Bank plans to disclose the quarterly and annual preparatory management reports.
