European Central Bank President Christine Lagarde is reportedly considering stepping down before her term ends in October 2027, according to sources cited by the Financial Times and Cointelegraph. This move could allow French President Emmanuel Macron and German Chancellor Angela Merz to agree on her successor ahead of the French general election in April 2027. However, an ECB spokesperson stated that Lagarde remains focused on her current role and has not made any decisions about her term's conclusion.
Lagarde's potential early departure comes as the ECB advances its digital euro initiative. Under her leadership, the ECB has emphasized the importance of managing risks associated with stablecoins and private digital currencies, aligning with the EU's Crypto-Assets Market Regulation Act. Lagarde has been a vocal critic of cryptocurrencies like Bitcoin, describing them as speculative and lacking intrinsic value. A leadership change at the ECB could influence its communication and focus on digital euro and crypto regulations, though the EU's regulatory framework remains in place.
Lagarde's Potential Early Exit from ECB Raises Digital Euro Concerns
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