ECB Says Bitcoin Is On “Road To Irrelevance” Amid Crypto Meltdown
The European Central Bank says bitcoin is on an “artificially induced last gasp before the path of irrelevance,” in a scathing intervention arguing against granting regulatory legitimacy to the cryptocurrency. In a strongly worded blog post, European Central Bank (ECB) senior executives Ulrich Bindseil and Jürgen Schaaf criticized bitcoin for being a hotbed of illegal …
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