Category: ECB

Economist Slams ECB Chief Lagarde’s Bitcoin Remarks as Dangerous for Cryptocurrency Regulation

Economist Slams ECB Chief Lagarde’s Bitcoin Remarks as Dangerous for Cryptocurrency Regulation

Responding to European Central Bank (ECB) President Christine Lagarde’s recent remarks about bitcoin, the chief economist at investment firm Tressis said what Lagarde implied was “outrageous” and “dangerous” for cryptocurrency regulation. Economist Says Governments Would Be Happy to Implement Strict Crypto Regulations Daniel Lacalle, fund manager and chief economist at Tressis Gestion, commented on Christine […]

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ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’

ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’

The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work together to regulate bitcoin, she suggested that the crypto regulation could be “initiated by the […]

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Bitcoin is ‘highly speculative’ and needs global regulation, says ECB’s Lagarde

The president of the European Central Bank, Christine Lagarde, calls for the creation of global regulation for Bitcoin. Lagarde accuses BTC of enabling money laundering and illegal activities. The news agency Reuters reports that the president of the European Central Bank (ECB), Christine Lagarde, has called for global regulations on Bitcoin. Lagarde believes that the […]

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ECB: Digital euro survey participants cite privacy, security as key elements

ECB: Digital euro survey participants cite privacy, security as key elements

The European Central Bank said that its public consultation on a proposed digital euro generated more than 8,000 responses.  The online consultation began on October 12 and concluded on Tuesday, according to a statement published today. Full analyses of the findings will be published in spring, prior to when the ECB Governing Council will decide […]

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Bitcoin is ‘highly speculative’ and needs to be regulated, says ECB’s Lagarde 

Bitcoin is ‘highly speculative’ and needs to be regulated, says ECB’s Lagarde 

European Central Bank President Christine Lagarde has said that bitcoin is “highly speculative” and needs to be regulated. Speaking at the Reuters Next conference on Wednesday, Lagarde said bitcoin has conducted “some funny business and some interesting and totally reprehensible money laundering activity.” “And there has to be regulations and this has to be applied […]

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The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow

The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow

From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current crisis. Why Everyone Wants a CBDC Now […]

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ECB Governing Council highlights potential for ‘new business models’ if a digital euro is introduced

ECB Governing Council highlights potential for ‘new business models’ if a digital euro is introduced

No firm decision has been made on whether Europe will move forward with a digitized version of the euro. But a new statement from the European Central Bank (ECB) leadership suggests that the institution is eyeing the potential market implications of such a move. The Governing Council is the primary decision-making body within the ECB. […]

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As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains

As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains

Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank is prepared to expand its colossal stimulus program. Meanwhile, Federal Reserve Chair […]

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Bitcoin’s Model Value Based on Fed and ECB Balance Sheets Is More Than $500,000

The Bitcoin (BTC) price is moving around $19,000 for a while as everyone is excited about the next move. Global investors and institutions have shown willingness to enter into Bitcoin, in recent times. The health of the global economy seems concerning, as central banks are pumping massive stimulus money into the system. PlanB, the popular […]

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ECB’s Lagarde strikes bullish tone on digital euro, says stablecoins ‘pose serious risks’

ECB’s Lagarde strikes bullish tone on digital euro, says stablecoins ‘pose serious risks’

Stablecoins “pose serious risks” according to Christine Lagarde, the head of the European Central Bank. Her comments — which touched on the intersection of payments and technology — from November 30 come as the European Union moves closer toward approving the eventual creation of a wholly digital euro. Lagarde previously indicated that a yes-or-no decision […]

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