The Czech National Bank (CNB) has announced the creation of a $1 million experimental digital asset portfolio, which includes Bitcoin, USD stablecoins, and a tokenized deposit. Approved on October 30, the initiative aims to test the processes involved in purchasing, holding, and managing blockchain assets. The CNB plans to share its findings over the next two to three years. This marks the first instance of a central bank incorporating Bitcoin into its balance sheet. The CNB clarified that the purchase does not come from its international reserves and there are no plans to expand the investment scale.
Czech National Bank Launches $1 Million Digital Asset Portfolio
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
