Citing Forklog, the Czech National Bank (CNB) has invested $1 million in a test cryptocurrency portfolio, including Bitcoin, stablecoins, and tokenized deposits. The assets are not part of the country’s international reserves, and the initiative aims to gain practical experience with blockchain technology and related processes. The board approved the purchase on October 30, with the project initially launched in January 2025 to assess Bitcoin’s potential for reserve diversification. CNB will test key management, multi-level approval processes, security mechanisms, and AML compliance, while also studying how to account for and audit such assets. The bank emphasized that price volatility will not affect its financial indicators and plans to evaluate the project in two to three years. Separately, a Taiwanese legislator criticized the government for delaying crypto regulation and urged the inclusion of Bitcoin in strategic reserves.
Czech National Bank Launches $1M Crypto Portfolio for Blockchain Experimentation
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