Bitcoin: European Central Bank Member's Stand
European Central Bank Member Isabel Schnabel's recent statement highlights Bitcoin's status as a speculative asset, not aligning with the ECB's foreign reserves criteria. Bitcoin's exclusion from the ECB's portfolio seems imminent, given its deviation from the bank's emphasis on liquidity, security, and returns. Final Verdict: While Schnabel's stance provides clarity, it signals a negative outlook for Bitcoin's integration into the European Central Bank's portfolio, emphasizing the challenges posed by its speculative nature and deviation from established criteria.
Bernice
