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Czech Central Bank Becomes First Central Bank To Add Bitcoin To Its Balance Sheet

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Czech Central Bank Becomes First Central Bank To Add Bitcoin | 3verseTV
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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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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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