ECB’s Crypto Point Man: Real-Time Payments Can Blunt Stability Threat Posed by Digital Assets

26 April 2022

The European Central Bank’s (ECB’s) point man on crypto regulation thinks real-time payments are necessary to blunt the advance of digital assets into the payments sphere. In an April 25 speech at Columbia University, ECB executive board member Fabio Panetta unleashed one of his harshest criticisms of digital assets to date, calling cryptocurrencies a “Ponzi […]