Summary
- Christine Lagarde, ECB President, asserted that no EU country will adopt Bitcoin as a reserve.
- Lagarde stated that virtual assets do not meet the standards of the EU central bank.
- Reserves must be liquid and safe, and should not leave room for money laundering and criminal activities.
Christine Lagarde, President of the European Central Bank (ECB), firmly stated that no European Union (EU) country will adopt Bitcoin (BTC) as a reserve.
According to Bloomberg on the 30th (local time), Lagarde said, "Virtual assets (cryptocurrencies) do not meet the standards we require. I am confident that the central banks of EU member states will not set Bitcoin as a reserve."
She added, "Reserves must be liquid and safe. They should never leave room for money laundering and criminal activities."
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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