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Thursday Nov 13 2025 15:30
2 min
The Czech National Bank (CNB), the central bank of the Czech Republic, announced on Thursday its first-ever purchase of cryptocurrencies, amounting to $1 million. This move is designed to test a digital asset reserve and gain “practical experience” in managing this emerging asset class.
According to the announcement, the CNB’s reserve will comprise Bitcoin (BTC), a stablecoin pegged to the US dollar, and a tokenized bank deposit. The bank emphasized that this test is intended to study cryptocurrencies and prepare the CNB for potential international adoption, ensuring global competitiveness. However, they clarified that there are no plans to adopt a digital asset reserve in the “near future.”
CNB Governor Aleš Michl stated, “It is realistic to expect that, in the future, it will be easy to use the koruna to buy tokenized Czech bonds and more — with one tap an espresso; with another an investment such as a bond or another asset that used to be the preserve of larger investors.”
Furthermore, the bank launched the CNB Lab Innovation Hub, an initiative focused on testing blockchain and other financial technologies for commercial use and adapting monetary policy to rapid technological advancements.
This announcement reflects the increasing institutional adoption of digital assets by central banks and nation-states as the world moves towards on-chain, internet-first finance.
The CNB began exploring Bitcoin in January to diversify its international asset reserves, following a pro-crypto regulatory shift in the United States.
Michl proposed purchasing up to $7.3 billion in BTC, representing 5% of the bank’s reserves, to establish a Bitcoin reserve during the same month, but the CNB board did not approve the plan.
At the time, Michl noted, “An asset under consideration is Bitcoin. It currently has zero correlation to bonds and is an interesting asset for a large portfolio.” He added that BTC could “one day be worth either zero or a huge amount.”
In July, the CNB added 51,732 shares of Coinbase, a major crypto exchange, to its investment portfolio, valued at approximately $18 million at the time, and over $15.7 million at the time of this report.
Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.
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