European Central Bank President Christine Lagarde has taken aim at cryptocurrencies, arguing in an interview on Dutch television that they’re essentially “worth nothing” as they lack underlying assets “as an anchor to safety” while calling for them to be regulated.
Lagarde made the remarks in an interview on the Dutch television program “College Tour,” due to be released on May 22, according to Politico.
“I have said all along the crypto assets are highly speculative, very risky assets,” Lagarde told the program. “My very humble assessment is that it is worth nothing. It is based on nothing, there is no underlying assets to act as an anchor of safety.”…
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