The Czech National Bank (CNB) will vote today on a $7 billion bitcoin reserve proposal, but Czech Finance Minister Zbynek Stanjura warned about the high volatility of bitcoin, believing it does not meet the stability requirements of a central bank.

CNB President Michl plans to propose investing up to 5% of reserves in bitcoin and pointed out that interest in bitcoin has continued to grow since institutions like BlackRock launched BTC spot ETFs. However, he also acknowledged the high volatility of BTC and stated that further assessment of its potential role in central bank reserves is still needed.