Becoming a Regular Army? The Czech National Bank is considering including $BTC in its foreign exchange reserves!

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The Czech National Bank (CNB) is evaluating the inclusion of Bitcoin as part of its foreign exchange reserves, reflecting the growing interest of global central banks in digital assets. Governor Aleš Michl revealed that although it is only a preliminary consideration, a proposal to purchase a small amount of Bitcoin is already under discussion. At this time, Bitcoin has surpassed $102,000, setting a new three-week high.

In an interview, Michl stated that while the idea still needs board approval, he believes Bitcoin is an option worth considering. However, he emphasized that this is not a large-scale investment plan, and gold remains the bank's preferred reserve asset.

Currently, the CNB holds about 50 tons of gold and plans to increase its reserves to 100 tons by 2028, accounting for 5% of total assets. Nevertheless, Bitcoin's strong performance in recent years, rising over 128% in 2024, makes it a potential reserve asset.

Michl believes that Bitcoin's price volatility presents both risks and potential rewards. Experts suggest that if central banks like the CNB adopt Bitcoin, it could transform traditional reserve management practices and promote a more digital and decentralized financial system.

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