Czech Central Bank: Direct purchase of digital assets and Bitcoin complies with the provisions of the National Bank Act

The Czech National Bank (CNB) stated in a supplementary Q&A that the purpose of creating a digital asset trial portfolio is to accumulate practical experience in holding digital assets and to implement and test the necessary processes. This is part of regular financial activities conducted outside of international reserves, and there has been no change in international reserves.

The CNB purchases digital assets such as Bitcoin as testing tools, fully in line with the authorized framework of the Czech National Bank Act, particularly the "other assets" clause in Article 32 and its broad interpretation regarding financial markets. This action is legal, compliant, and has a clear policy objective.