Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: CryptoGirl on November 08, 2017, 01:32:32 PM

Title: European Central Bank: We Are not Ignoring Cryptocurrency
Post by: CryptoGirl on November 08, 2017, 01:32:32 PM

Benoît Cœuré, one of the central bank's executive board members, said that The ECB is not "ignoring" the spread of cryptocurrencies. Yet, at present, he does not consider them a risk to the bank or the euro.

 

Quote

  "At the moment cryptocurrencies don't pose any monetary risk because the amounts involved are marginal. They are speculative financial instruments which create risks of a financial or even criminal nature."