The Central Bank of Turkey became the first central bank to purchase Bitcoin.

Czech National Bank Creates Crypto Asset Portfolio

The Czech National Bank (CNB) has established a test portfolio valued at 1 million dollars that includes Bitcoin and a USD stablecoin. This pilot project aims to test the processes related to the purchase, storage, and management of blockchain-based assets.

The Czech National Bank plans to share its experiences over the next 2-3 years. This is a significant development for investors and also indicates the increasing interest of central banks in cryptocurrencies.