The Czech National Bank invested $1 million to test a crypto reserve that includes Bitcoin, a stablecoin and tokenized bank deposits. The Czech National Bank (CNB), the central bank of the Czech Republic, announced on Thursday the purchase of cryptocurrencies worth $1 million for the first time to test a digital asset reserve and gain “practical experience” in handling digital assets.CNB’s reserves will include Bitcoin (BTC), one US dollar-pegged stablecoin and one tokenized bank deposit, according to the announcement.The bank said that while the test is intended to study crypto and prepare the bank for international adoption to remain globally competitive, it is not planning to adopt a digital asset reserve in the “near future.” CNB governor Aleš Michl said:Read more The Czech National Bank invested $1 million to test a crypto reserve that includes Bitcoin, a stablecoin and tokenized bank deposits. The Czech National Bank (CNB), the central bank of the Czech Republic, announced on Thursday the purchase of cryptocurrencies worth $1 million for the first time to test a digital asset reserve and gain “practical experience” in handling digital assets.CNB’s reserves will include Bitcoin (BTC), one US dollar-pegged stablecoin and one tokenized bank deposit, according to the announcement.The bank said that while the test is intended to study crypto and prepare the bank for international adoption to remain globally competitive, it is not planning to adopt a digital asset reserve in the “near future.” CNB governor Aleš Michl said:Read more
Czech National Bank tests Bitcoin, crypto reserve with historic $1M buy
The Czech National Bank invested $1 million to test a crypto reserve that includes Bitcoin, a stablecoin and tokenized bank deposits.
The Czech National Bank (CNB), the central bank of the Czech Republic, announced on Thursday the purchase of cryptocurrencies worth $1 million for the first time to test a digital asset reserve and gain “practical experience” in handling digital assets.
CNB’s reserves will include Bitcoin (BTC), one US dollar-pegged stablecoin and one tokenized bank deposit, according to the announcement.
The bank said that while the test is intended to study crypto and prepare the bank for international adoption to remain globally competitive, it is not planning to adopt a digital asset reserve in the “near future.” CNB governor Aleš Michl said:
Read more
Market Opportunity
Lorenzo Protocol Price(BANK)
$0.04925
$0.04925$0.04925
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Coinbase Joins Ethereum Foundation to Back Open Intents Framework
Coinbase Payments has joined the Open Intents Framework as a core contributor, working alongside Ethereum Foundation and other major players. The initiative aims to simplify complex multi-chain interactions through automated solver technology. The post Coinbase Joins Ethereum Foundation to Back Open Intents Framework appeared first on Coinspeaker.
Share
Coinspeaker2025/09/18 02:43
SBI Holdings introduces SBI Hyper Deposit with XRP gifts and rate cuts
The post SBI Holdings introduces SBI Hyper Deposit with XRP gifts and rate cuts appeared on BitcoinEthereumNews.com. Key Takeaways SBI Holdings has introduced ‘SBI Hyper Deposit’, automating transfers between bank and securities accounts. Launch incentives include XRP cryptocurrency gifts and reduced mortgage rates for early adopters. SBI Holdings launched “SBI Hyper Deposit,” a new service that automates transfers between bank and securities accounts. The Japanese financial services company is offering launch incentives including XRP gifts and reduced mortgage rates to customers who sign up for the automated transfer system. The service is designed to streamline the movement of funds between different SBI financial products, allowing customers to manage their banking and investment accounts more efficiently through automated transfers. Source: https://cryptobriefing.com/sbi-holdings-hyper-deposit-xrp-incentive/
Share
BitcoinEthereumNews2025/09/18 20:52
Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners
The institutional bitcoin manager expands its mandate as demand for professional risk-managed digital asset strategies grows.
Share
Coinstats2026/01/16 18:00