Czech National Bank Buys Bitcoin in $1M Test Digital Asset Portfolio
Yahoo Finance·2025-11-13 15:49
The Czech National Bank created a $1 million test portfolio of digital assets, including Bitcoin , a USD-pegged stablecoin, and a tokenized dollar deposit, which marks its first direct purchase of cryptocurrencies. The CNB Bank Board approved the portfolio on Oct. 30, with the bank holding it outside international reserves and stating no plans to increase its volume, according to the CNB’s press release. Governor Aleš Michl initiated the project idea in January 2025 to consider the potential of Bitcoin an ...