The European Central Bank (ECB) reiterates its stance against Bitcoin. In a recent conference, Christine Lagarde, president of the ECB, firmly rejected the idea of including Bitcoin in the bank's reserves, stating that it "does not meet the requirements for safety, liquidity, and reliability."
This statement comes after Ales Michl, governor of the Czech National Bank, proposed allocating up to 5% of its reserves in Bitcoin. Lagarde's response was emphatic: "Central banks must be guardians of stability, not volatility."
The ECB's rejection contrasts with the trend of other countries that are exploring the diversification of their reserves with crypto assets. While nations like El Salvador have bet on Bitcoin, the ECB maintains a conservative view, making it clear that it will not allow the cryptocurrency to enter its balance sheet.
Is this a prudent decision or a missed opportunity? The truth is that the battle between traditional finance and the crypto world is more alive than ever.
But, what do you think?
