Bulgaria has officially joined the Eurozone, becoming its 21st member state, as announced by European Central Bank President Christine Lagarde. This expansion increases the ECB Governing Council to 27 members. Bulgarian Central Bank Governor Radev emphasized that the decision to join was driven by more than just economic or currency considerations.
In a notable past event, Bulgaria sold approximately 213,500 seized Bitcoins in 2018 for $3.5 billion. The current market value of these Bitcoins now surpasses the country's total public debt, highlighting the significant appreciation in Bitcoin's value since the sale.
Bulgaria Joins Eurozone as 21st Member State
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
