Bitcoin Logs Revenge Recovery as Lagarde Calls for Global Regulation

Bitcoin Logs Revenge Recovery as Lagarde Calls for Global Regulation

Bitcoin prices drifted higher on Wednesday, breaking away from bearish calls as Christine Lagarde raised the need to regulate it at the global level. In an interview with Reuters, the European Central Bank President said that Bitcoin is a highly speculative asset that has facilitated “some reprehensible activity,” such as money laundering, adding that “there […]


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ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Co...

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 G7, moved into the G20 and then enlarged.” ECB Chief Calls for Bitcoin Regulation Globally ECB President Christine Lagarde said in an interview at the Reuters Next conference Wednesday that bitcoin is “a....

ECB president Lagarde renews calls for global regulation of Bitcoin

In a recent interview, Lagarde said that Bitcoin has been used to conduct "funny business" and "totally reprehensible money laundering activity." The European Central Bank president Christine Lagarde has repeated her insistence that global regulators need to tighten the rules to ensure Bitcoin (BTC) falls under more coordinated oversight. In an interview at the Reuters Next conference — amid an unprecedented bull market for the veteran cryptocurrency — Lagarde argued:“[Bitcoin] is a highly speculative asset, which has conducted some funny business and some interesting and totally....

ECB’s Christine Lagarde Says ‘Speculative’ Bitcoin Needs Regulation

In a speech at a Reuters online event Wednesday, Lagarde said bitcoin was a speculative asset.

Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out o...

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Digital euro will not be 'a substitute for cash': ECB President

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