🚨 Major Crypto News Today: ECB President Rejects Bitcoin Reserves Proposal 🚨

European Central Bank President Christine Lagarde has firmly dismissed a proposal from Czech National Bank's Ales Michl to include Bitcoin in the country's official reserves. Lagarde emphasized that Bitcoin's volatility and its concentration among a few holders make it unsuitable for central banking. She stated that central bank reserves should remain "liquid, secure, and safe." This stance reflects the cautious approach many central banks are taking toward cryptocurrency integration.

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