Czech National Bank Explores Diversifying International Reserves

According to BlockBeats, the Czech National Bank (CNB) board discussed a document on managing international reserves for 2024 during a meeting on Thursday. The board approved a proposal to analyze the possibility of investing in other asset classes. The official statement highlighted that the central bank has been diversifying its investments as part of its reserve management strategy over the past two years. Under the proposal by Governor Aleš Michl, the central bank will assess the suitability of including other asset classes in its reserves from a diversification and return perspective. Previously, BlockBeats reported that the Czech central bank governor mentioned that the board still needs to discuss the investment of euro reserves in Bitcoin, and a decision is not expected soon.