TechFlow news, January 30 — According to The Block, the Czech National Bank (CNB) board has approved a proposal to evaluate investment options involving additional asset classes, including bitcoin, for its foreign exchange reserves.
It is reported that CNB Governor Aleš Michl previously told the Financial Times of plans to submit a proposal to allocate up to 5% of its 140 billion euro (approximately $146 billion) reserves to bitcoin.
CNB stated that the board will decide on next steps based on the analysis, and no changes will be made until then. If approved, CNB would become the first known central bank to hold bitcoin.
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