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# ECB News

An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency "a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018....
February 9, 2018 by at Bitcoin, News, Regulation
Executive board member of European Central Bank (ECB), Yves Mersch, recently recognized digital currencies have the potential to spread internationally and does not feel this is something regulators should continue ignoring. Mersch outlined that economies should prepare for a global response to cryptocurrency platforms as he expects the use of...
October 19, 2016 by at Bitcoin, News, Regulation
The European Central Bank (ECB) is not a big fan of virtual money. That is quite an understatement, as the financial institution urges EU regulators to “curb the growth” of virtual money solutions. While there is no indication these pleas will lead to additional regulation in the European Union, it...
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