ECB President Recognises Future Potential in Crypto Assets as a Means of Payment
The outgoing president of the European Central Bank (ECB) believes that so far crypto assets have had few implications for existing monetary policy. However, Mario Draghi believes that this could change in the future.
He states in a letter to a pro-crypto MEP that efforts like Facebook’s Libra could see sufficient adoption to make them a challenge to the euro. To that ends, also Draghi also acknowledges the potential of a public-facing “crypto-Euro”.
Mario Draghi: Crypto Assets
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