The Czech National Bank buys bitcoin for the first time in its history

The Czech Republic is taking its first step in the purchase of bitcoin and stablecoins, although for now it is doing so for experimental purposes.

The Czech National Bank (CNB) took an unprecedented step by acquiring digital assets for the first time, in a transaction valued at one million dollars. According to the entity, the objective of the project is to gain practical experience with technologies based on cryptocurrencies and to evaluate their possible role within the country's financial system.

The bank explained that the investment was made outside of its international reserves and that it does not seek to obtain profitability, but rather to test the technical and regulatory processes associated with the management of crypto assets. The test portfolio includes bitcoin, a stablecoin backed by dollars, and a tokenized deposit, which will allow for the comparison of the behavior and characteristics of different types of assets. According to the governor of the entity, Aleš Michl, the initiative began in early 2025 as part of a strategy to study bitcoin from the perspective of a central bank.

Over time, the project expanded to encompass other forms of digital money, with the aim of analyzing the future of payments and the tokenization of financial assets. "We want to be prepared for the changes that the digitalization of the economy will bring," said Michl.

Furthermore, the official clarified that the Czech koruna will remain the only legal tender in the country and that the bank will continue to focus on maintaining price stability. However, he emphasized that in the coming years, new ways of investing and paying will emerge, and he does not rule out that citizens may acquire tokenized Czech bonds with the same ease as they currently make everyday purchases.

The CNB specified that the limited size of this bitcoin and cryptocurrency portfolio avoids any impact on its monetary policy or its ability to intervene in the foreign exchange market.#Binanceholdermmt