European Central Bank (ECB) President Christine Lagarde has rejected the idea of incorporating Bitcoin into the EU's reserves, citing factors such as volatility and its association with money laundering. However, an old video has surfaced where Lagarde praised the use of distributed ledger technology (DLT) and its implications for the financial markets. The video has led to speculation that Lagarde may be backing other assets built on DLT, such as XRP. This has sparked a debate about which digital assets are better equipped for the future of finance. While the ECB has not yet chosen digital assets for its crypto reserve, Lagarde's comments suggest a shift towards DLT-based tokens, with XRP currently seen as a potential leader in that aspect.
Content Editor ( cryptopolitan.com )
- 2025-02-02
ECB president reignites Bitcoin – XRP debate in resurfaced 2019 video
