The European Central Bank (ECB) has made its stance on Bitcoin crystal clear.
ECB President has stated that Bitcoin will not be included in any EU central bank reserves, emphasizing concerns over liquidity, security, and its association with financial crimes.
The statement reinforces the ECB's cautious approach towards cryptocurrencies, which are often seen as volatile and decentralized assets outside traditional financial regulations.
While some institutions explore digital currencies, the ECB maintains that reserves should be stable and free from risks linked to money laundering and criminal activities.