ECB: Read

article can interest Bitcoin futures, not the Bitcoin:

on multiple platforms the message making the rounds at the moment, that European banks could soon hold Bitcoin. For this reason are statements from ECB President Mario Draghi. He was referring to but only BTC futures. A fine but important distinction.

The headline, which is currently making the rounds refers to the following quotation :

“from the current developments such as the introductions of the Bitcoin futures on U.S. stock exchanges, indicating that European banks soon positions in” Bitcoin can hold. Therefore we will look at the whole us.”

As in the quote, it is clear, the Chairman of the European Central Bank speaks only of indirect shares in the Bitcoin. It is clear considering the further explanations of Draghi, Draghi for banks neither interest nor the legal way is, to keep Bitcoin.

“actually it seems that credit institutions of the European Union have little interest in Kryptowährungen, in contrast to the high interest of the public […]. We should note that Bitcoin and other Kryptowährungen are in the unregulated area and are considered very dangerous asset classes should be […]. Currently it seems that Kryptowährungen are not part of a specific regulatory approach.”

Whether the interest of credit institutions at Kryptowährungen is actually low, is. However, it is important that Draghi turns out the unclear legal situation of the Kryptowährungen.

ECB President Mario Draghi refers only to futures

with Bitcoin futures or that behaves differently but also futures contracts.  As we already reported, if Bitcoin futures instrument, with which you can benefit from price fluctuations. You must not have even the Kryptowährung for it. Instead they speculated on a certain course development and ultimately betting on future courses.

So, Mario Draghi’s statement refers to shares of the Bitcoin, not on the Kryptowährung itself.

BTC-ECHO