Czech Central Bank buys bitcoin and digital assets worth nearly CZK 21 million
The Czech National Bank (ČNB) has purchased blockchain-based digital assets worth around USD 1 million (CZK 20.9 million) to gain practical experience in holding such assets. The test portfolio includes Bitcoin, dollar-pegged stablecoins, and tokenized deposits, but will not be part of the bank’s official foreign reserves.
The ČNB will not actively increase the investment, though its value may fluctuate with the market. The trial, representing just 0.0006% of the bank’s reserves, is expected to last two to three years, after which the results will be evaluated.
The assets were bought via a regulated exchange complying with anti-money laundering (AML) rules. The bank stressed that it currently has no plans to include Bitcoin or other digital assets in its official reserves.