czechbitcoin

Through this USD 1 million investment in $BTC the CNB has created a test portfolio of digital assets based on blockchain. 🔗 In addition to bitcoin, the portfolio will include a test investment in the form of a USD stablecoin and a tokenised deposit on the blockchain. 🖥️
📌 The purchase was made outside the CNB’s existing international reserves. The total amount invested will not be actively increased.
💬 “I came up with the idea of creating a test portfolio in January 2025. The aim was to test decentralised bitcoin from the central bank’s perspective and to evaluate its potential role in diversifying our reserves. The Bank Board then decided to have an analysis prepared. Subsequent internal discussions broadened the scope to include the future of payments and the tokenisation of assets. As a result, stablecoins and tokenised deposits were included alongside bitcoin. We will inform the public about our experience on an ongoing basis and present an overall assessment of the project in approximately two to three years,” said CNB Governor Aleš Michl (@MICHLiq_).
➡️ The aim is to gain practical experience with blockchain-based technologies, which may fundamentally affect the operation of the financial and payment system in the future. In the test portfolio, the CNB will test the whole chain of processes associated with the purchase, holding and management of digital assets – from technical administration of keys and multi-level approval processes, through crisis scenarios and security mechanisms, to verifying AML compliance.
#CzechBitcoinReserve? #CzechNationalBank #CzechBitcoin

Hello! 👋
I would like to start streaming live on Binance Live – but I need your help! To gain access, I must have at least 5,000 followers on Binance Square.
🇨🇿
If you're interested in crypto, trading, news, analysis, and more, follow me and be there from the start! 📈🎥
🇨🇿
👉 I plan to have regular updates, strategies, live discussions, and streams about gifts, as well as streams on request and topics of your choice. Every subscription will help me get closer to streaming for you – let's show how we, as Czechs, can help and that we care for each other not just when playing hockey!

How many Czechs are here? Hit the flag in the comments!🇨🇿🇨🇿🇨🇿🇨🇿🇨🇿🇨🇿
$BTC
$BNB
$ETH
#CzechBitcoin #CzechBitcoinReserve #CzechMyMeme #CZExit

$BTC The Czech National Bank has officially taken its first step into crypto, revealing a $1 million test portfolio made up mainly of Bitcoin, along with stablecoins and tokenized bank deposits. This pilot aims to help the bank understand digital asset custody, crisis responses, and AML protocols as it explores long-term crypto adoption.
Although a proposed multi billion dollar Bitcoin reserve was previously rejected by the European Central Bank, officials say the new infrastructure developed during this testing phase could later support routine operations.
Governor Aleš Michl expects a full assessment within two to three years, noting that future Czech financial systems may allow citizens to buy everything from coffee to tokenised bonds with a tap 📱.
#CzechNationalBank #bitcoin #CzechBitcoin #CzechBitcoinReserve

The Czech National Bank (CNB) has made history by becoming the first central bank to purchase Bitcoin, creating a $1 million test portfolio. This move marks a significant shift in how central banks view digital assets, despite European monetary authorities' skepticism. Governor Aleš Michl proposed investing up to 5% of the bank's €140 billion reserves in Bitcoin, citing potential benefits for economic stability and diversification.
Key Highlights:
-Historic Move: CNB's purchase challenges traditional central banking orthodoxy and European monetary authorities' stance on cryptocurrency.
- Test Portfolio: The $1 million portfolio includes Bitcoin, a USD stablecoin, and a tokenized deposit, aiming to evaluate blockchain-based assets' potential.
- Future Plans: CNB plans to share its experience over the next 2-3 years, potentially paving the way for other central banks.
- Global Context: 27 countries now hold Bitcoin in their reserves, with 13 introducing legislation to formalize its sovereign status.
This bold move positions the Czech Republic at the forefront of monetary innovation, reflecting evolving attitudes toward digital assets.
$BTC
#CzechNationalBank #CzechBitcoin #CzechBitcoinReserve #like_comment_follow