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Czech central bank focuses on digital assets
New trends in finance, especially in
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New trends in finance, especially in digital assets, are forcing even the most conservative institutions, such as central banks, to reassess their reserve-management approaches. A recent remark by the head of the Czech National Bank, in which he allowed for the possibility of including Bitcoin in strategic reserves, is a notable development, reflecting an evolution in views on cryptocurrencies. There is a rational core to this, despite the proposal seeming paradoxical at first glance, and it lies in basic asset-management principles.
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Jakub Novak,
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