The Czech National Bank will assess the option of expanding the investment scope to cover other asset classes

BlockBeats News, January 30th, according to official sources, the Czech National Bank (CNB) Board of Directors discussed a document on the international reserve management for 2024 at its meeting on Thursday and approved a proposal to analyze investment in other asset classes.

Officials stated that as part of the reserve management strategy, the central bank has been continuously diversifying its investments over the past two years. According to Governor Aleš Michl's proposal, the central bank will assess whether it is appropriate to include other asset classes in the reserve from a diversification and return perspective.

BlockBeats previously reported that the Governor of the Czech Central Bank stated yesterday that the investment of euro reserves in Bitcoin still needs to be discussed by the Board of Directors and a decision is not expected to be made soon.