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ECB President: Stablecoins and Crypto Not Suitable Money Substitutes

ECB President: Stablecoins and Crypto Not Suitable Money Substitutes

Mario Draghi, president of the European Central Bank (ECB) shares his views on stablecoins, the future of crypto assets, and possible digital form of the Euro.

28 SEPTEMBER 2019

European Central Bank President Mario Draghi: ‘Bitcoin, Cryptocurrencies Are Not Real Currencies’

European Central Bank President Mario Draghi: ‘Bitcoin, Cryptocurrencies Are Not Real Currencies’

Mario Draghi, the president of the European Central Bank (ECB), said during a dialogue with students that cryptocurrencies are not real currencies. He has also stated that cryptos are “very, very risky assets” but they do not really have to be something for central banks to be worried about.

10 MAY 2019

ECB Has 'No Plans' to Issue a Digital Euro, Says Mario Draghi

The chief of the European Central Bank (ECB) said Friday that the institution sees no "concrete need" to issue a digital version of the euro, Reuters reports.

15 SEPTEMBER 2018

Regulate Bitcoin? 'Not The ECB's Responsibility,' Says Mario Draghi

Mario Draghi, president of the European Central Bank, has said it's not his institution's job to regulate cryptocurrencies.

13 FEBRUARY 2018

ECB President: EU Banks Show 'Limited Appetite' for Cryptocurrencies

The European Central Bank (ECB) said that financial institutions in the European Union do not appear to be as enthusiastic about cryptocurrencies as the public.

7 FEBRUARY 2018

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