The Czech National Bank ( CNB ) announced last night ( 13th ) that it has purchased Bitcoin, becoming the world’s first central bank to formally include Bitcoin in its balance sheet.
The Czech National Bank announced in a press release yesterday that it has made its first purchase of Bitcoin and established a $ 1 million “experimental portfolio” for this purpose. This portfolio includes not only Bitcoin but also test investments in US dollar stablecoins and tokenized deposits on the blockchain. The Czech bank emphasized that this move aims to test the tokenization process of purchasing and holding blockchain assets, while exploring its potential application in future payment systems.
The Czech central bank further clarified that this investment, approved by its board on the 30th of last month , will not be included in official international reserves and will not be expanded in the short term. The central bank emphasized that this investment portfolio will not change the Czech Republic’s existing monetary policy and foreign exchange market.
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