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Czech Central Bank Dips Into Crypto With $1M Trial Allocation
The Czech National Bank (CNB) has bought digital assets worth $1 million for the first time, creating a pilot portfolio that includes Bitcoin, a U.S. dollar–pegged stablecoin, and a tokenized bank deposit. The central bank said the purchase is meant to build practical experience in managing cryptocurrencies and tokenized instruments rather than a policy move toward holding them in reserves. The acquisition, approved by the CNB’s board on Oct. 30, was made outside its existing international reserve portfolio and will not be expanded for now. “The aim was to test decentralized bitcoin from the central bank’s ... (full story)