The Czech Central Bank will earn $1 million in Bitcoin, Stardingcoin, and improved deposits
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The Czech National Bank is the first to buy the first digital asset, a $ 1 million block-based test portfolio outside of international reserves. The goal is to gain practical experience in protection, settlement, safety, and Abel processes while testing them.
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The National Monetary Authority of the Czech Republic, the Chase National Bank, acquired USD 1 million from the digital assets of PiCoin, USDCoin, Bitcoin, Bitcoin and improved deposits, outside of the test portfolio that was part of the national portfolio of DNC.
It is a place that marks the institution as a potential pioneer in the wave of central-bank digital asset testing. It is an initiative of the Czech National Bank to evaluate the operational, technical and regulatory processes related to digital assets.
CNB does not have the capacity to include the official stock held, but it does not see the value of carrying out abandoned assets, new payment methods and cut financial instruments. The findings of the project will be shared publicly in the next two to three years.
