The Czech National Bank has become the first central bank to include bitcoin on its balance sheet, marking a major milestone for the digital asset.
The bank revealed a $1 million test portfolio on Thursday, consisting of bitcoin, a USD stablecoin, and a tokenized deposit. The move is designed to give officials real-world experience with blockchain-based assets.
Approved on October 30, the pilot will not be expanded further and was created outside the bank’s traditional reserves. Governor Aleš Michl said the goal is to study bitcoin’s potential role in long-term reserve diversification.
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