The Czech National Bank makes its first purchase of a cryptocurrency.

Officials from the Czech central bank are trying to determine whether Bitcoin and other digital assets can play a role in diversifying foreign exchange reserves. In this context, the bank has completed its first-ever cryptocurrency purchase operation. According to a statement released by the Czech central bank on Thursday, the scale of this cryptocurrency purchase amounts to $1 million, with Bitcoin being the main asset, along with unspecified types of US dollar stablecoins and tokenized US dollar deposits on the blockchain. The statement notes that these cryptocurrency assets will be stored separately from the central bank's official foreign exchange reserves, and this asset portfolio will serve as an "experimental platform" to help the central bank accumulate practical experience in holding digital assets and test relevant operational processes.