Czech central bank becomes the first central bank to purchase bitcoin, creating a $1 million crypto test portfolio

Foresight News reported, citing CoinDesk, that the Czech National Bank (CNB) has announced the creation of a $1 million cryptocurrency test portfolio, which includes bitcoin (BTC), USD stablecoins, and tokenized deposits. The pilot project aims to test the processes related to the purchase, holding, and management of blockchain-based assets, and the bank plans to share its experience over the next 2-3 years. The bank stated that the total investment will not be actively increased, and this acquisition does not involve the use of the bank's existing international reserves.