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Bitcoin Has No Place in EU Central Bank Reserves, Says ECB Chief – Bitcoinist

The President of the European Central Bank of Central Bank, CHRISTINE LAGARDE, has declared that Bitcoin cannot enter the EU Central Bank safe.

In recent statements, Lagardo pointed out that bitcoin has no decisive characteristics of preliminary asset liquid, security, or stability.

She commented on the rising debate on the potential roles in Bitcoin's national protection. suggestion It was made by Czech Central Bank family.

Bitcoin does not meet the preliminary asset standard: ECB

Lagardo Bitcoin refusal As a spare asset, it will continue in light of the traditional skepticism of cryptocurrencies by ECB. She said that bitcoin remains unstable without the central controller and is not suitable for the Central Bank to use in a protected area.

Unlike gold and government bonds that have been protected by such a central laboratory, Bitcoin stands out that it is as uncertain and unreliable as economic fluctuations.

President ECB has responded to the Czech National Bank Governor, Aress Missil, proposed to include bitcoin in the Czech Republic of the Republic.

The Czech Republic is not a Euro country, but its Central Bank is still represented by the ECB general council. In other words, the policy debate is part of the general European financial framework.

However, Lagardo immediately shoots proposals and fixes it further. ECB cautious position About digital assets.

BTC is currently trading for $ 100,208. chart: TradingView

The message from the ECB president reflects the viewpoint that bitcoin cannot be maintained in the storage. Other European banks share Polish ECB views. Romania also stated that these cryptocurrencies would probably be excluded from the official balance.

Stance vs. Crypto

Even beyond Europe, major institutions, such as the US Federal Reserve, have a strong attitude toward holding bitcoin. Fed Chair Jerome Powell said that the Central Bank of Japan had previously hindered bitcoin in preparation and legally hindered the cracks between the old financial systems and the currency. I was.

Many parliamentarians are hesitant for bitcoin because they are worried that unclear regulations, prices rising rising trends, and limited use in daily transactions.

Some countries are becoming more open for bitcoin, but most large -scale economies believe that the risk is too risky to maintain government reserves.

Related reading: Las Vegas's sphere refuses to trade Dogwifhat -there is no Meme Coin Spot Light

Bitcoin location in global financial systems

Despite the rejection by the central bank, bitcoin is the main power of global finance. It has gained a traction as a valuable storage of institutional investors and retail investors, and some people call it “digital gold”.

Special image of SKY NEWS, TradingView chart

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