Czech National Bank Creates $1M Test Portfolio Including Bitcoin
The Czech National Bank (CNB) has disclosed a $1 million "test portfolio" of digital assets that includes bitcoin alongside US dollar‑pegged stablecoins and a tokenized dollar deposit. The bank framed the allocation as an experimental exercise to explore how digital assets behave in practice, covering custody arrangements, settlement flows and liquidity characteristics rather than expanding official reserves.
While the amount is modest, the move matters because it shows a major European central bank engaging directly with crypto instruments to evaluate operational risks and infrastructure readiness. Observers say this could inform future guidance on regulation and custody standards; CNB stressed the exercise does not equate to adopting crypto as a policy tool. Market impact is likely to be limited by the portfolio's size, but the step underscores growing institutional interest in tokenized and crypto assets.