ECB: Cryptocurrency Cannot Be Created By Member States, What This Means For Crypto

Date : 09/12/2019 @ 2:00PM
Source : NEWSBTC
Stock : Bitcoin (BTCUSD)
Quote : 10133.82000000  -141.19000000 (-1.37%) @ 10:30PM

ECB: Cryptocurrency Cannot Be Created By Member States, What This Means For Crypto

The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency.  ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets: “No member state can introduce its own currency…The currency of the euro zone is the euro.” Many observers theorize that Draghi’s response is led by a...

The post ECB: Cryptocurrency Cannot Be Created By Member States, What This Means For Crypto appeared first on NewsBTC.

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