ECB's Lagarde calls for regulating Bitcoin's 'funny business'

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European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed.

Bitcoin has come out of its niche in recent years and is now bought by ordinary people, investment funds and even large corporations. Some have even taken out loans to buy more of the cryptocurrency, whose value has increased almost tenfold since last March.

“ is a highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering activity,” Lagarde said in an interview at the Reuters Next conference. The cryptocurrency sector is still mostly lightly overseen or unregulated, although global standards on areas such as anti-money laundering have emerged.

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There already is regulation on cryptocurrencies Also Lagarde is talking way beyond her role as an employee of the central bank of the Eurozone.

Bitcoin is theft. Every bitcoin bubble, somebody makes a fortune, while somebody else loses an equal amount.

H

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🖕🏻

Have fun staying poor, Christine.

That's a 'funny statement'

She prefers money laundring to be made exclusively in USD or EUR.

Ecb does funny businesses lol

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Bitcoin price rises past $38,000 as bulls return to cryptocurrency - Business InsiderBitcoin closes in on $40,000 as bulls flood in again and ECB boss Christine Lagarde labels cryptocurrencies a 'funny business' BITCOIN IS STARTING TO RUN BACK UP!! Who is ready for the next pump!! 💪 Let's go crypto cadets!! 👨‍🚀🚀 bitcoin The queen of money printing ponzi scheme, also known as ECB, is finding Bitcoin 'funny business'. 😂 👇👇👇
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »