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ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility.” His comments followed massive sell-offs across a broad range of cryptocurrencies. ECB VP Says Crypto Is Not a Real Investment European Central Bank Vice President Luis de Guindos has warned about cryptocurrency investing in an interview with Bloomberg Wednesday. Referring to cryptocurrency, he said, “This is an asset with very weak fundamentals and that is going to be subject to…

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