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The Czech Central Bank has created a digital asset experimental portfolio worth 1 million USD, covering Bitcoin, USD stablecoins, and tokenized deposits.
On November 13, the Czech National Bank (CNB) announced the creation of a digital asset trial portfolio worth $1 million, covering Bitcoin, US dollar stablecoins, and tokenization deposits. The funding for this purchase comes from its existing International Reserve. The project aims to test the Central Bank's processes for purchasing, holding, and managing blockchain assets, lasting 2 to 3 years. This investment is not included in the forex reserves, and CNB President Aleš Michl stated that this move aims to explore the potential role of Bitcoin in reserve diversification.