Czech National Bank Tests $1M Digital Asset Portfolio
- Czech National Bank initiates a $1 million digital asset test.
- First central bank to test decentralised bitcoin directly.
- Portfolio’s outcome may shape future regulations.
The Czech National Bank has launched a $1 million digital asset test portfolio, approved on October 30, 2025, to explore cryptocurrencies’ potential in reserve diversification and financial innovation.
This marks a historic move among central banks, potentially setting a precedent in crypto exploration, stimulating regulatory discussions, and influencing global digital finance strategies.
The Czech National Bank (CNB) has launched a $1 million digital asset test portfolio in November 2025 to explore blockchain-based assets and their future in central banking.
This trial could influence the Czech Republic’s financial policies and signal a shift towards accepting digital assets by other central banks globally.
Czech National Bank Invests $1M in Blockchain Exploration
The Czech National Bank has created a digital asset test portfolio valued at $1 million. The initiative started in January 2025, aiming to explore bitcoin, stablecoins, and tokenised deposits.
The portfolio was managed by the CNB Lab Innovation Hub and approved by the Bank Board in October 2025. The goal is to understand potential roles of digital assets in reserve diversification.
CNB’s $1M Move: Insights and Market Reactions
The CNB’s move did not cause notable liquidity changes or staking flows in major DeFi platforms. Bitcoin and stablecoins in the portfolio foresee potential regulatory scrutiny.
Experts like Vitalik Buterin find it interesting, suggesting it may lead to broader institutional awareness. It projects CNB as a forerunner in exploring decentralised financial systems.
Czech Bank’s Bitcoin Purchase: A Historical Benchmark
Unlike other central banks focusing on digital currencies, such as Sweden’s e-krona, CNB’s bitcoin purchase is unique. This distinguishes CNB’s approach from previous central bank efforts.
Analysts believe this could set a new precedent for central bank interactions with cryptocurrencies, potentially impacting future crypto regulations worldwide. As Aleš Michl, Governor of the Czech National Bank, noted, “I came up with the idea of creating a test portfolio in January 2025. The aim was to test decentralised bitcoin from the central bank’s perspective and to evaluate its potential role in diversifying our reserves.” (CNB Blog, November 2025)
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