Cryptocurrencies
Lagarde Is Confident EU’s Central Banks Will Shun Bitcoin
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European Central Bank President Christine Lagarde predicted that no European Union country will choose to add Bitcoin to its monetary reserves.
Responding to comments by her Czech counterpart, Ales Michl, that his institution will look into the matter, she cast doubt on such prospects, saying the cryptocurrency doesn’t meet criteria required by policymakers either of the ECB or any other nation in the bloc.