ECB rates bitcoin as a speculative asset
The credit institution ensures that the asset requires regulation due to its high speculative nature
In an online event, the president of the European Central Bank, Christine Lagarde, reported that bitcoin has a high level of speculation and needs to be regulated.
At the Reuters Next conference, Lagarde reported that the popular cryptocurrency has done “some fun business and some interesting and totally reprehensible money laundering activity.”
Faced with such a scenario, the representative of the European bank added that “there must be regulations and this has to be applied and agreed” on a global scale.
At the conference, another important topic was also discussed, such as the Central Bank’s digital currency, the digital euro, which has been well received by the council where it was publicly consulted.
“No less than 8000 people have signed up and answered the many questions that were in that questionnaire about a digital euro,” Lagarde said. “So we are moving forward. We are not charging because it is an area in which we must be very careful and in which we need to have a system that is safe, that responds to European demand ”.
K.Villarroel
Source: diariobitcoin
