Legard is confident that the central bank of the European Union will remove bitcoin

Legard is confident that the central bank of the European Union will remove bitcoin


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His Czech counterpart, responding to Els Michal’s comments, that his organization would look into the matter, he suspected such possibilities, saying that the Cryptocurrency policy makers have been required by the Cryptocurrency policy makers Does not complete

“I believe” that “Bitcoin will not enter any central bank’s reserves”, ECB, Lagard told reporters in Frankfurt.

He spoke after his officers’ decision to cut interest rates, and indicated that the matter came not only in his meetings this week, but also exchange of ideas with Prague. The Czech Republic is in the European Union, but is not a member of the euro region.

“I think there is a scene around the table of the Governing Council, and most likely that the general council as well, that the stores will have to be liquid, that the stores will have to be safe, that they have to be safe, that they have to be safe, That they should not have a suspicion of money laundering or other criminal activities, ”said Lagard.

The Governor of Czech National Bank shared its notion of buying bitcoins with the financial time this week, saying it could potentially represent 5% of its reserves. He later posted on X that the case is “only in the stage of analysis and discussion,” and on Thursday the Czech Finance Minister expressed “misunderstanding” over such a step.

“I had a good conversation with my colleague from the Czech Republic and I leave him to leave whatever announcement he wants to make.” “But I am confident that he is confident – as we are all – liquid, safe and safe reserves are required.”

The seven-member policy board of the Czech Central Bank on Thursday approved a plan for “analyzing options to invest in additional asset classes”.

Officials said in a statement, “On the proposal of Governor Els Mitchell, CNB is to assess whether it would be appropriate in terms of diversification and will return to including other asset classes.” “The bank board will then decide how to move forward. There will be no change in this area until then. ,

In a moment of intensive investigation on bitcoin, the restoration of Legard comes back to the restoration, which touched a record earlier this month as US President Donald Trump entered the White House. He has promised friend regulation and supports the idea of ​​a strategic national reserve for cryptocurrency.

The possibility of inclusion of bitcoin for the Central Bank Reserve was also aired by German Finance Minister Christian Lindner last month.

However, two ECB staff authorities, writing in the FAZ newspaper, described the probability as “disabled” and quoted the volatility of the property as a possible threat to reliability. Jochim Nagel, the head of the Bundesbank,, meanwhile, dismissed Bitcoin and its ILK as “digital tulip”.

“The reserved property should be safe, liquid and transparent,” he told the plato brief. “None of these things bitcoin is.”

In neighboring Switzerland, campaigners have started gathering signature to force the national vote whether the constitution needs to add Swiss National Bank to its reserves, similarly that it makes gold holdings mandatory. Its chairman, Martin Shlegal, dismissed the Crypto assets as a “niche incident” in November.

-With help from Bastian Banrath-Right, Jana Rando, Alexander Weber, Patrick Donhue and Christof Chamonicolas.

(Started in the eighth paragraph update with the decision of the Czech Central Bank)

Such more stories are available Bloomberg.com

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