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ECB Confirms Bitcoin Will Not Be Used in EU Central Bank Reserves
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ECB Confirms Bitcoin Will Not Be Used in EU Central Bank Reserves
Bitcoin will not be included in EU reserves; the President of the European Central Bank (ECB) flatly ruled it out at an official event. In that context, the official explained that sovereign reserve assets must meet strict liquidity and security standards that the cryptocurrency does not offer. “Reserves have to be secure, safe, and should not be plagued by money laundering or other criminal activities,” the body stated, closing the door on Bitc…
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