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

Lagarde cites criminal investigations into illegal activity involving bitcoin without elaborating.

Bitcoin has come out of its niche in recent years and is now bought by ordinary people, investment funds and even large corporations. But its largely anonymous nature has raised concerns that it could be used for money laundering and other illegal activities. Lagarde did not provide specific examples of money laundering cases but said she understood there had been criminal investigations into illegal activity. She did not elaborate.

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US, European stocks rises as ECB fires bazooka, US sheds less jobs | Malay MailLONDON, March 11 — European and US stock markets pushed higher today after the ECB accelerated its stimulus bond buying and the jobs market in the United States improved. The ECB said after its latest monetary policy meeting that it will ramp up the pace of its pandemic emergency bond buys, in a...
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