Core Insights - The Czech National Bank (CNB) has initiated its first purchase of digital assets, creating a $1 million test portfolio to explore blockchain-based investments [1][2] - The portfolio includes bitcoin, a U.S. dollar stablecoin, and a tokenized deposit, with the aim of gaining practical experience in managing digital assets [2][3] - CNB Governor Aleš Michl stated that the project aims to evaluate the potential role of decentralized bitcoin in diversifying reserves, with a public assessment expected in two to three years [3][4] Investment Details - The CNB's test portfolio will not be actively increased and is intended solely for operational and regulatory study [2][3] - The bank will analyze the operational steps involved in holding digital assets, including key management, security protocols, and compliance with anti-money laundering regulations [4][5] - The CNB has launched the "CNB Lab," an internal hub to explore emerging technologies like blockchain and artificial intelligence, alongside the digital assets initiative [6] Future Outlook - The CNB emphasizes that this investment does not indicate a policy shift, and the country's foreign exchange reserves will remain unchanged [7] - The analysis leading to this decision reflects a growing integration of digital assets into institutional portfolios, suggesting potential for wider acceptance in the future [3][6]

🇨🇿 JUST IN: The Czech National Bank built a $1M digital asset test portfolio with BTC, a stablecoin, and a tokenized deposit.EU is waking up. https://t.co/NzSgbIASHZ ...