In a public video conference, European Central Bank (ECB) President Mario Draghi answered a question that has been the main debate of financial organizations at international level, giving an official opinion of the European Continent on a position that could be adopted regarding the use of cryptocurrencies.

“Many of you posted questions about whether the ECB is going to ban Bitcoins or it’s going to regulate Bitcoins, (…) I have to say it’s not the ECB’s responsibility to do that.”

These words sound surprising not only for the audience but for the media that covered such news, as it marks a big separation from other opinions and initiatives that strengthened the rumors about strong regulations for the cryptocurrency market.

These words seem to be a nuanced response to statements made by Agustin Carstens, head of the Bank for International Settlements, who called for central banks to end what he described as the “Ponzi scheme” of cryptocurrencies, by restricting their access to banks and financial infrastructure.

Read More: https://zycrypto.com/european-central-bank-not-job-regulate-bitcoin-cryptocurrencies/