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Czech Central Bank Becomes First Central Bank to Buy Bitcoin

The Czech National Bank (CNB) has established a $1 million test portfolio which includes Bitcoin, a USD stablecoin, and a tokenized deposit, marking the first instance of Bitcoin appearing on a central bank's balance sheet. This pilot program, approved on October 30, is aimed at gaining practical experience in managing blockchain-based assets. The investment decision was initially proposed by CNB Governor Aleš Michl in January 2025, and it aims to explore the potential for cryptocurrency to diversify the bank's reserves. The CNB plans to share insights from this pilot over the next two to three years while emphasizing that the total investment will remain static and was made outside of the bank's international reserves.

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Singapore's Central Bank to Trial Tokenized Bills, Introduce Stablecoin Laws

The Monetary Authority of Singapore (MAS) is set to trial tokenized bills that will be settled with a wholesale Central Bank Digital Currency (CBDC) as part of its efforts to integrate blockchain technology into the economy. Simultaneously, the MAS is drafting legislation focused on regulating stablecoins, highlighting its priority for

Singapore's Central Bank to Trial Tokenized Bills, Introduce Stablecoin Laws

The Monetary Authority of Singapore (MAS) is set to trial tokenized bills that will be settled using a wholesale Central Bank Digital Currency (CBDC), marking a significant step in incorporating blockchain technology into the economy. This initiative was announced at the Singapore Fintech Festival. In addition to the trial, the

Singapore's Central Bank to Trial Tokenized Bills, Introduce Stablecoin Laws

The Monetary Authority of Singapore (MAS) plans to trial tokenized bills settled with a wholesale Central Bank Digital Currency (CBDC). This initiative is part of MAS's strategy to incorporate blockchain technology more deeply into its financial ecosystem. Additionally, MAS is preparing draft legislation for a regulatory framework around