Czech National Bank Buys $1M in Bitcoin, Publicly Confirms First Crypto Portfolio
The first central bank to publicly acquire Bitcoin is the Czech National Bank, making history with this action. The entity announced its purchase on November 13,
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
The first central bank to publicly acquire Bitcoin is the Czech National Bank, making history with this action. The entity announced its purchase on November 13,
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