ECB New alarm on Bitcoin: "Cryptocurrency lending system" Scary
For the Central Bank, the financial risks associated with the spread of crypto assets can be amplified by financial leverage and crypto lending.
This is also why the Eurotower indicates the urgency of European rules. Meanwhile, the Binance platform gets the ok to operate in Italy. Read up more on Bitcoinminershashrate.com Blog They are always up to date with the best insights
Bitcoin and other cryptocurrencies continue to occupy the center of the financial scene, including for the European Central Bank (ECB) .
This thus returns to the topic in the latest document “Financial stability review” , after the president, Christine Lagarde, thundered in recent days that “crypto assets are worth nothing”, calling for regulation.
In hindsight, the study just published by the ECB and signed by Lieven Hermans, Annalaura Ianiro, Urszula Kochanska, Veli-Matti Törmälehto, Anton van der Kraaij and Josep M. Vendrell Simón reaches the same conclusion. “Financial