According to TechFlow, on January 30, Theblock reported that the board of directors of the Czech National Bank (CNB) approved a proposal to evaluate the investment options of adding other asset classes including Bitcoin to its foreign exchange reserves.

It is reported that CNB Governor Aleš Michl previously told the Financial Times that he plans to submit a plan to the central bank's board of directors to allocate up to 5% of its 140 billion euros (about 146 billion US dollars) reserves to Bitcoin.

CNB said that the board will decide on the next move based on the results of the analysis and will not make any changes before then. If the Bitcoin configuration is approved, CNB will become the first central bank known to hold Bitcoin.