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Bitcoin drops towards $34,000 after ECB’s Lagarde calls it a speculative asset

Updated: 13 Jan. 2021 | 11:02

The European Central Bank (ECB) President Christine Lagarde called for regulation, as she thinks Bitcoin is a speculative asset, in her speech at the Reuters Online event on Wednesday.

Key quotes

Bitcoin has facilitated “funny business”, some reprehensible activity.

Bitcoin needs regulation.

Bitcoin is a speculative asset.

We will have a digital euro.

Hopes it would be no more than 5 years before digital euro.

developing story …

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