MINE.exchange NEWS
MINE.exchange NEWS
February 27, 2025 at 10:22 AM
❌📣 ECB Declares Bitcoin Unsuitable for Central Bank Reserves European Central Bank (ECB) advisor Jürgen Schaaf stated that Bitcoin is not a suitable asset for national reserves. According to him, high volatility, lack of intrinsic economic value, and susceptibility to manipulation make it an unreliable instrument. He emphasized that cryptocurrencies do not provide real economic utility, unlike traditional reserve assets such as raw materials and energy resources. 💰 This stance aligns with the opinion of ECB President Christine Lagarde, who previously rejected a proposal from a Czech bank to include Bitcoin in reserves. She noted that crypto assets do not meet the requirements of liquidity and security. Similar initiatives also failed to gain support in the U.S., where authorities in several states rejected bills to establish Bitcoin reserves. 📉 Despite the interest of some countries in digital assets, analysts highlight the high risks associated with their use in the financial system. According to VanEck, integrating Bitcoin into reserves could generate additional demand of $23.5 billion, but regulators remain cautious in making such decisions. 🏦 Do you need fast and reliable exchanges? Welcome to 👉 https://mine.exchange/en

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