ECB President Christine Lagarde calls cryptocurrencies ‘suspicious’

    Amid a cryptocurrencies price explosion in 2021, European Central Bank (ECB) president Christine Lagarde argued cryptocurrencies aren’t currencies, which should be treated as “highly speculative” and “suspicious.” Speaking on a Bloomberg podcast, Lagarde said: “I think we have to distinguish between cryptos that are those highly speculative, suspicious occasionally, and high intensity in terms of…