czech_national_bank

🔴 BREAKING: #Czech_National_Bank just purchased $1 million worth of #Bitcoin❗ and #crypto for the first time in its history.
Europe is coming 🚀
$BTC

The Czech central bank said it had bought $1 million of $BTC and other blockchain-based digital assets to gain experience with digital markets, and will evaluate the project in two to three years.

The portfolio is mostly made up of bitcoins, but also includes U.S. dollar-based stablecoins and a tokenised deposit, all bought through a regulated exchange it said, without giving specifics on the market used or exact assets.

"The purpose of the portfolio is to gain practical experience with holding digital assets and to implement and test the necessary related processes," the bank said. #Czech_National_Bank