Czech Central Bank acquires $1M in Bitcoin, stablecoin, and tokenised deposit
Key Takeaways
- The Czech National Bank purchased digital assets for the first time, creating a $1 million blockchain-based test portfolio outside its international reserves.
- The goal is to gain practical experience with Bitcoin and digital tokens, while testing custody, settlement, security, and AML processes.
The Czech National Bank, the national monetary authority of the Czech Republic, acquired $1 million in digital assets, including Bitcoin, a USD stablecoin, and a tokenised deposit, as part of a test portfolio held outside of its international reserves.
The acquisition positions the institution as a pioneer in central-bank digital asset experimentation. The Czech National Bank frames the purchase as a testing initiative designed to evaluate the operational, technical, and regulatory processes associated with digital assets.
The CNB stressed that it does not plan to include Bitcoin or other digital assets in its official reserves for now, but sees value in preparing for a future in which tokenised assets, new payment methods, and blockchain-based financial instruments become more common. Findings from the project will be shared publicly over the next two to three years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: Saylor's Fiery Voyage: MicroStrategy Remains Committed to Bitcoin Amid Growing Market Strain
- MicroStrategy's Michael Saylor denies selling 47,000 BTC amid rumors, reaffirming the company's commitment to aggressive BTC accumulation. - Analysts project 6,720 BTC additions via STRE issuance, targeting 27% BTC yield and a $141k BTC price by year-end. - Market skepticism grows as MicroStrategy's stock drops 35% YTD, trading below NAV amid mNAV ratio concerns and short-seller warnings. - New entrants like BSTR and Reitar Logtech expand BTC treasury strategies, signaling broader institutional adoption
Ethereum Latest Updates: BitMine Invests $12.5 Billion in Ethereum, CEO Predicts a Repeat of the 1990s Internet Surge
- BitMine appoints Chi Tsang as CEO and adds three board members to accelerate Ethereum holdings expansion. - The firm increased ETH purchases by 34% last week, holding 3.5M ETH ($12.5B) despite price drops. - Tsang compares Ethereum's growth to the 1990s internet boom, aiming to bridge traditional and crypto markets. - Regulatory compliance and market skepticism follow the leadership change, with BMNR down 4.7% premarket.
Public's $65 Million CryptoIRA Initiative Reflects Surging Interest in Tax-Beneficial Crypto Retirement Options
- Public acquires Alto's CryptoIRA business for $65M to enable IRA crypto trading by early 2026. - Acquisition expands retirement crypto options amid rising retail demand and evolving regulations. - Existing Alto customers retain platform access until integration, with seamless transition planned. - Alto shifts to custodial role under CaaS model, while Public handles trading functionality. - Move reflects crypto fintech consolidation and growing investor interest in tax-advantaged digital assets.
ZEC Jumps 6.68% Following Winklevoss-Supported Treasury Approach
- Zcash (ZEC) surged 6.68% in 24 hours to $548.91 on Nov. 14, 2025, despite a 9.98% weekly decline. - Winklevoss-backed Cypherpunk Technologies rebranded from a biotech firm to a ZEC-focused treasury strategy, acquiring 1.25% of total ZEC supply. - The firm aims to hold 5% of ZEC supply (800,000 tokens) as a privacy hedge, supported by $58.9M in funding and a $200M equity facility. - ZEC's 37.03% monthly gain and 885.34% annual rise reflect growing demand for privacy-centric assets, with Network Upgrade 6.
Trending news
MoreCrypto prices
More
