Today Czech National Bank (CNB) Governor AleΕ‘ Michl announced the creation of a $1 million test portfolio that includes Bitcoin, marking the first time a central bank has purchased Bitcoin for its balance sheet.
This pilot program tests the processes for buying, holding, and managing digital assets like Bitcoin, which Michl described as a way to evaluate its "potential role in diversifying our reserves" from a "decentralised" perspectiveβaligning closely with the post's phrasing of Bitcoin as a "decentralized alternative in large portfolios."
Czech's have guts! Dominoes... slowly
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