European Central Bank head slams crypto assets says they are ‘worth nothing’

European Central Bank head slams crypto assets says they are ‘worth nothing’

The president of the European Central Bank, Christine Lagarde, has made it quite clear about her position on the value of cryptocurrency assets in a recent interview.

Speaking on the Dutch television show College Tour in an interview which will be aired on Sunday, May 22, the ECB head maintained her stance that crypto assets are extremely speculative and very dangerous investments. Lagarde also addressed the topic of monetary policy, suggesting once again that the ECB is prepared to raise interest rates in July in order to combat the galloping inflation in the eurozone.

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