{"id":8121,"date":"2022-11-30T16:37:26","date_gmt":"2022-11-30T15:37:26","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/11\/30\/ecb-says-bitcoin-is-on-road-to-irrelevance-amid-crypto-collapse\/"},"modified":"2022-11-30T16:37:26","modified_gmt":"2022-11-30T15:37:26","slug":"ecb-says-bitcoin-is-on-road-to-irrelevance-amid-crypto-collapse","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/11\/30\/ecb-says-bitcoin-is-on-road-to-irrelevance-amid-crypto-collapse\/","title":{"rendered":"ECB says bitcoin is on \u2018road to irrelevance\u2019 amid crypto collapse"},"content":{"rendered":"

European Bank criticises digital currency sector for facilitating illegal activity<\/p>\n

The European Central Bank says bitcoin is on an \u201cartificially induced last gasp before the road to irrelevance\u201d, in a scathing intervention arguing against giving regulatory legitimacy to the cryptocurrency.<\/p>\n

In a strongly worded blogpost, senior European Central Bank (ECB) staffers Ulrich Bindseil and J\u00fcrgen Schaaf criticised bitcoin for being a hotbed of illegal transactions that brings reputational risk for any bank that gets involved with the sector.<\/p>\n

Continue reading…<\/a>
\nEuropean Bank criticises digital currency sector for facilitating illegal activity
\nThe European Central Bank says bitcoin is on an \u201cartificially induced last gasp before the road to irrelevance\u201d, in a scathing intervention arguing against giving regulatory legitimacy to the cryptocurrency.
\nIn a strongly worded blogpost, senior European Central Bank (ECB) staffers Ulrich Bindseil and J\u00fcrgen Schaaf criticised bitcoin for being a hotbed of illegal transactions that brings reputational risk for any bank that gets involved with the sector. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

European Bank criticises digital currency sector for facilitating illegal activity The European Central Bank says bitcoin is on an \u201cartificially induced last gasp before the road to irrelevance\u201d, in a scathing intervention arguing against giving regulatory legitimacy to the cryptocurrency. In a strongly worded blogpost, senior European Central Bank (ECB) staffers Ulrich Bindseil and J\u00fcrgen …<\/p>\n

ECB says bitcoin is on \u2018road to irrelevance\u2019 amid crypto collapse<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":8122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8121"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8121"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8122"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8121"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}