Czech National Bank Launches $1 Million Cryptocurrency Pilot Portfolio

The Czech National Bank (CNB) has initiated a $1 million cryptocurrency pilot portfolio, encompassing Bitcoin (BTC), dollar-pegged stablecoins, and tokenized deposits. This initiative seeks to investigate the operational complexities associated with acquiring, managing, and holding blockchain assets. The bank aims to share its findings over the next 2-3 years. Notably, the total investment amount remains fixed, not influenced by the existing international reserves held by the CNB.