The Czech Republic does not use the euro but the country is in the EU. The CNB did not comment on the particular assets it's considering. The proposal was put forward by CNB Governor Aleš Michl, who has said his interest was in possibly adding bitcoin to bank's balance sheet.

Czech Finance Minister Zbynek Stanjura has warned against the CNB’s proposal to consider investing up to 5% of its reserves in Bitcoin, citing volatility risks.

European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to include bitcoin among his country's official reserves.