In what is a critical development for the country and the asset class, the Czech Republic central bank has officially approved a proposal to consider investing in Bitcoin as a reserve asset. Indeed, the proposal will see the Czech National Bank (CNB) assess potential investment into various asset classes, including BTC, according to a recent statement.

The effort is the latest in the central bank’s hopes to diversify investment. Over the last two years, the Central European nation has sought to assess its reserve management strategy. Now, they have announced that Bitcoin could become a key part of that plan amid its ongoing rise over the last several months.

Also Read: Trump Media to Invest in Bitcoin & Other Cryptocurrencies

Czech Republic Central Bank to Consider Investing in Bitcoin as Reserve Asset

Despite being just 30 days into the new year, 2025 has already proven to be a game-changing year for cryptocurrencies. The United States has enjoyed a notable shift regarding its crypto policy. Moreover, that has seen several states seek to establish their very own Bitcoin reserves.

That seems to be a trend taking place on the international level as well. Indeed, the Czech Republic’s central bank has officially approved a plan to consider investing in Bitcoin as a reserve asset. In a recent statement, the CNB discussed the process and its importance to the country.

bitcoin btc clouds
Source: Watcher Guru

Also Read: Fed Chair Jerome Powell: Banks Can Serve Crypto Customers

“The central bank has been increasingly diversifying its investments over the last two years as part of its reserve management strategy,” the CNB said. “At the proposal of Governor Alex Michl, the CNB is to assess whether it would be appropriate in terms of diversification and return to include other asset classes in the reserve as well.”

Its consideration will take place in the form of an analysis that will indicate its next steps. Additionally, it has assured that no changes will take place before that analysis is made. However, Governor Michl confirmed his submission of a plan that would see the CNB allocate as much as 5% of its $146 billion in reserves to Bitcoin.

  • bitcoin
  • Czech Republic