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ECB President Christine Lagarde Says Bitcoin Is Not Currency

European Central Bank (ECB) President Christine Lagarde was interviewed on Bloomberg TV on September 13, which aired yesterday, September 15. Among the matters mentioned, which included financial coverage, debt, and gross home product (GDP) of nations within the European Union (EU), Lagarde additionally shared her view on Bitcoin and “cryptocurrencies.”

“Cryptos are not currencies. Full stop,” Lagarde emphatically stated within the video. “Cryptos are highly speculative assets that claim their fame as currency, possibly, but they’re not. They are not.”

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