) are down 50% from their peak prices in 2021, Bloomberg reported. Cryptocurrencies are also facing mounting pressure and increasing scrutiny from regulators around the world, often citing threats to the financial system.
“The day when we have the central bank digital currency out, any digital euro, I will guarantee — so the central bank will be behind it and I think it’s vastly different than many of those things,” Christine Lagarde elaborated. The governor noted she doesn’t hold any crypto assets but admitted one of her sons has invested in crypto against her advice and she follows them “very carefully.”
Lagarde’s statements also come after other ECB officials have already expressed similar concerns. In April, Executive Board Member Fabio Panettathe bank’s anti-crypto rhetoric, comparing the rise of crypto assets to the 2008 subprime mortgage crisis and the Wild West’s gold rush, while calling for global regulations.
More recently, Panetta said the digital euro could become a reality by 2026, setting a time frame for its launch. The project is currently in its
BITCOIN was created to stop all these foolishness like these I am coming from side of this world where The IMF can dictate to any of our so called misleading leaders. But btc is the game changer. No one makes the decisions here.
Euro What is euro backed with
🤔 so what's the dollar based on🤣🖕
The $1.56 million lunacoin slumped to $0.15. Cryptocurrency is a scam! please stay away from here.
She was convicted for Financial Negligence:
Old people either don’t understand Crypto or they “understand” it wrong. In example; maxkeiser stacyherbert saylor. Bitcoin maximalism is DUMB (I know saylor is not a maximalist)
A corrupt that is the biggest creditor of the European Union crying about BTC, no suprises, gonna buy more right now, biach.
Look at the hair colour. Do they understand anything about technology.!!!?
Who cares about your opinion.
the problem is having people this old in front of important institutions; it's time for a generational revamp.
Can we all agree that old, white ppl aren’t the ppl who should be directing the future of crypto? They kind of are the reason crypto even exists in the first place.
It is based on something. Based on the electricity it costs to mine said crypto.
The same Papers that you printed has no assets!
The only way to stop losses in time is to switch to USDT and deposit it in coinbase wallet. I use coinbase wallet's smart quantization to move bricks every day and get my earnings steadily.
Gensler specifically took aim at the top three largest stablecoins — Binance USD, USD Coin and Tether — saying that it is not a coincidence that they are all closely tied to crypto exchanges. Binance USD was founded by global exchange Binance...
Why do these people make a fool out of themselves by saying the same dumb things again and again
BaileyHanson01 Listen to her if not to me.
You don’t pay nothing for it. But I guess it’s like the Kardashians, no value to speak of!!!😂😂😂😎🇺🇸
She should be in prission but the regulators make some exceptions... Thats why we will allways bitcoin
The asset is the network itself.
We are the point where the government whos basically enslaving the world with depth and easy money policy , are saying that the only thing that has true value is based on nothing .Listen fam , the only thing that has no value is the fiat you are printing by trillion .
Legarde tells Nancy Pelosi to Sell Crypto
Is there such a large community behind the digital euro as much as the community of people standing behind cryptocurrencies? this is seriously funny and ridiculous.
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Bloomberg - Are you a robot?What is the euro based? I don’t think that we need more competent person than her (former head of IMF, now president of ECB). Hopefully, people will not disqualify her opinion, because of her age, ie “You need to be under 30 to understand concept and merits of crypto currency”. euro is worth nothing
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