The European Central Bank (ECB) has decided against including Bitcoin in its reserves, citing concerns about liquidity, safety, and long-term reliability. This decision underscores the ECB's preference for traditional reserve assets and highlights its cautious approach towards digital currencies.
The ECB's stance comes as the European Union prepares to implement new regulations that will influence institutional involvement in digital finance. This move contrasts with the increasing institutional interest in Bitcoin observed in the U.S. and Asia, raising questions about Europe's future regulatory framework for digital assets.
ECB Dismisses Bitcoin for Reserves Over Liquidity and Safety Issues
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