Czech Central Bank Becomes First Central Bank to Buy Bitcoin, Creates $1 Million Crypto Test Portfolio

Foresight News, according to CoinDesk, the Czech National Bank (CNB) announced the creation of a $1 million cryptocurrency test portfolio that includes Bitcoin (BTC), USD stablecoins, and tokenized deposits. The pilot project is designed to test processes related to buying, holding and managing blockchain-based assets, and the bank plans to share its experience over the next 2-3 years. The bank said the total investment amount will not be actively increased and the acquisition does not use the bank's existing international reserves.

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