PANews reported on January 7 that according to Cointelegraph, Aleš Michl, president of the Czech National Bank (CNB), said that he is considering using Bitcoin as part of the diversification of foreign exchange reserves. However, CNB has no plans to purchase crypto assets immediately, and whether to adopt them in the future still needs the approval of the board of directors. At the same time, CNB plans to continue to promote reserve diversification by purchasing gold, with the goal of increasing gold holdings to 5% of total assets by 2028.
The analysis pointed out that Bitcoin has performed well in recent years, with its annual return rate (130%) far exceeding that of gold (30%), and may become an important reserve asset besides gold. If more countries include Bitcoin in their reserves, the concept of "safe" reserve assets may be redefined, but its price volatility also poses risks.
