The ECB president expressed support for cryptocurrencies
|Slavomír Kaňuk|source|2055x
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The ECB president expressed support for cryptocurrencies

The ECB's new president is pro-crypto and is actively interested in how emerging technology can help shape the global economy of the future.

Christine Lagarde, who will replace ECB's former president Mario Draghi on November 1, has been interested in cryptocurrencies for a long time. She has also expressed her support for state-supported digital currencies as these may increase the efficiency of the countries' economies.

Although Christine Lagarde is more open to cryptocurrencies, she is more interested in centralized cryptocurrencies than decentralized ones, such as bitcoin. She focuses on cryptocurrencies such as JPM Coin and XRP.

Many critics agree that Christine Lagarde's openness to this technology can be interpreted as her strong support for cryptocurrencies. In fact, investors and advocates of crypto currencies believe that the society will accept crypto currencies only after governments and central banks accept them as a part of emerging technologies.

However, Mati Greenspan, senior marketing analyst, points out that cryptocurrencies will certainly not be the main concern of the new ECB president. Her biggest challenge will be to "bring unity and prosperity to different EU countries".

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