Lagarde heaps criticism on bitcoin; labels it a ‘funny business asset’ while repeating her expectations that ‘digital euro’ is on the horizon - AML Intelligence
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Lagarde heaps criticism on bitcoin; labels it a ‘funny business asset’ while repeating her expectations that ‘digital euro’ is on the horizon

The President of the European Central Bank (ECB) has renewed her criticism of private cryptocurrencies – bitcoin in particular – dismissing their potential as alternatives for fiat money.

She also reiterated her expectation that the long-debated ‘digital euro’ will become reality, stressing that demand was there based on the feedback received from over 8,000 survey respondents over the past few months.

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