Nowotny sees bitcoin is a speculative product, not a currency

11 Dec 2017 01:53 PM

While presenting the Austrian Financial Stability Report on Monday, the ECB Governing Council member and Austrian Central Bank Head, Ewald Nowotny, said that bitcoin is a speculative product, not a currency. So we Shouldn't overestimate introduction of Bitcoin futures.
On the other side, he praised the need for ECB to be cautious in changing its monetary policy and start to raise the interest rate from historical lows.

Tags:

Prices may be delayed by 5 seconds. Prices above are subject to our website terms and conditions. Prices are indicative only