Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
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President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their…
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European Central Bank (ECB) President Christine Lagarde reportedly believes that crypto assets have zero value. According to a Politico report, Lagarde says cryptos are “worth nothing” and are merely... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
Key Highlights Christine Lagarde warned euro stablecoins could weaken banks and reduce the ECB’s control over monetary policy. The ECB says rapid stablecoin adoption may trigger liquidity risks and shift deposits away from traditional banks. Lagarde questioned the need for euro stablecoins as Europe pushes stricter crypto regulation under MiCA…
While inflation continues to roar within the U.S., the inflation rate within the eurozone tapped one other excessive final month reaching 7.5% in March. Energy and meals costs have soared all through... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…