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Central Bank of Czech Republic exploring Bitcoin reserves. Head of the bank suggests studying the feasibility of a Bitcoin test portfolio to better understand digital assets.

Aleš Michl, the head of the Central Bank of the Czech Republic, has proposed analyzing the feasibility of creating a Bitcoin test portfolio. He described this move as a way to learn and experiment with this alternative and high-risk asset. Michl emphasized the need to adapt to changing conditions in financial markets and explore new reserve management options. While immediate investment in Bitcoin is not planned, this initiative has been raised as a way for the central bank to better understand digital assets. Michl also warned investors about the risks of the emerging market of digital currencies but emphasized the distinction between Bitcoin and other digital assets. He argued that central banks should pay special attention to Bitcoin and study it. The board of the Central Bank of the Czech Republic has also approved a broader analysis of new asset classes, including Bitcoin, but stressed that no immediate decisions will be made.

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