Czech central bank buys $1 million in crypto to test asset-management
The Czech National Bank announced the purchase of roughly US$1 million of digital assets mainly Bitcoin, a USD-stablecoin and a tokenised deposit as a pilot funded outside its official reserves. The move is designed to test real-world processes like secure key custody, crisis-management and AML compliance in blockchain-based assets. Though the sum is modest, the symbolic step marks a major shift: a European central bank stepping into direct crypto experimentation. Over next 2-3 years the bank will evaluate this test portfolio.
