Bitcoin {BTC} isn’t a currency but an asset: ECB economist, China moves forward with Digital Yuan …

Bitcoin {BTC} isn’t a currency but an asset: ECB economist, China moves forward with Digital Yuan project – OBN

Many had expected the European Central Bank to change its hostile stance on Bitcoin[BTC]. However, in spite of the arrival of Christine Lagarde, Philip R. Lane who is the Chief Economist and Executive board member stated, “No. Bitcoin is not a currency, it rather is an asset and it is very volatile.”