President of the European Central Bank says cryptocurrency has no value

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European Central Bank (ECB) President Christine Lagarde said that cryptocurrency assets have no value.
She also added that she personally guarantees the development of the digital euro.
“I have always said that crypto-assets are very speculative and very risky assets. My very humble assessment is that they are worthless. They’re not based on anything, there’s no underlying asset to serve as an anchor of security,” she said.
Nevertheless, the digital euro will be different, Lagarde noted.
She also added that she has never invested in cryptocurrency, unlike her son.

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