European Central Bank (ECB) Member: ‘Not Sure Why People Invest’ in Crypto Assets

Central bank members are back with their warnings regarding Bitcoin and cryptocurrencies.

Much like any other time, the warnings remain the same — be prepared to “lose all their money” for crypto investors.

This time the warning came from European Central Bank governing council member Gabriel Makhlouf.

The latest warning from a central banker on the cryptocurrency on Friday when Makhlouf, who is also governor of Ireland’s central bank, said, “Personally, I’m not sure why people invest in those sorts of assets, but they see them as assets clearly.”

“Our role is to make sure that consumers are protected,” he added.

Makhlouf doesn't see any “financial stability issues at the moment arising from Bitcoin itself” but said the concern is more about the consumer “making the right choices.”

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide