European Central Bank President Christine Lagarde said it’s improbable that any European Union country will choose to add Bitcoin to its monetary reserves.

ECB President Christine Lagarde expressed confidence that no European country would establish Bitcoin reserves.

Christine Lagarde, President of the European Central Bank (ECB), expressed her skepticism regarding the inclusion of Bitcoin in the monetary reserves of any European Union (EU) country. Her comments were in response to her Czech counterpart,

European Central Bank President Christine Lagarde speaks on a panel at the World Economic Forum in Davos, Switzerland.

Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.

The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the monetary policy stance – is based on our updated assessment of the inflation outlook,

The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar.”

Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.

Bangladesh's interim leader Muhammad Yunus sought the assistance of European Central Bank (ECB) President Christine Lagarde on Wednesday to recover billions of dollars stolen during Prime Minister Sheikh Hasina's regime.

At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.

From the standpoint of America, the EU treats us very, very unfairly, very badly,” Trump said in a virtual address to the World Economic Forum.

Europe must "be prepared" and anticipate the potential trade tariffs of newly inaugurated U.S. President Donald Trump, European Central Bank President Christine Lagarde told CNBC on Wednesday.