Bitcoin is a “highly speculative” asset, believes the president of the ECB

Bitcoin is “highly speculative”. Or so Christine Lagarde thinks. In her opinion, cryptocurrencies require regulation at a global level. The ECB is critical of BitcoinCentral banks have always been skeptical about Bitcoin (BTC) and other cryptocurrencies. The European Central Bank (ECB) does not hide its negative attitude towards cryptocurrencies.ECB President Christine Lagarde said in an interview with Reuters that Bitcoin is a “highly speculative” asset. It also drew attention to its use in money laundering and other illegal activities.”For those who thought (Bitcoin) might become a currency – I’m terribly sorry, but it is an asset, and it is a highly speculative asset that … (enabled) totally reprehensible money laundering activities” -Lagarde said.Bitcoin needs regulationLagarde also called for regulation of the cryptocurrency market. Appropriate cryptocurrency laws must be in place, he says, and should be agreed at a global level.”If there is a gate, it will be used … So I thi

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