The central bank of France, which over the past few years has been extremely negative about digital assets , unexpectedly changed its position.
It clarifies the agency Bloomberg, the head of the Central Bank Francois Vilrua de Gallo noted the great prospects steylkoinov having collateral.
He stressed:
"We are watching with great interest the growing networks that allow their users to exchange stable coins and apply them when they buy goods and services."
But de Gallo immediately declared that it was necessary to separate the so-called steylbcoins from the classical cryptocurrencies . The latter, in his opinion, are a volatile asset, to invest in which is extremely risky. The head of the Central Bank ranked Bitcoin as such assets.
However, stablebcoins that have real collateral in the form of fiat money or other assets are more reliable to use, so the regulator decided to reconsider the attitude towards such financial instruments and analyze their long-term prospects.
Francois Vilrua de Gallo, until recently, was a fierce opponent of Bitcoin . For example, during a conference in Beijing in 2017, he stated that Bitcoin is not a currency, it is a speculative asset that has no value.
The head of the European Central Bank, Mario Draghi, also recently stressed that BTC is an extremely risky instrument, buying which the investor risks losing his money.
At the same time, the French authorities are simultaneously trying to convince the European partners of the need for the speedy adoption of a common EU law on the cryptosphere in order to take the industry out of the shadows.
Publication date 15/05/2019
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