ECB Director compares crypto to ‘Wild West,’ calls for tight regulations
Fabio Panetta, Managing Director of the European Central Bank (ECB), compared cryptocurrencies to the ‘Wild West’ as well as a ‘Ponzi Scheme’ during a speech at the University of Columbia held on April 25. Harshly criticizing the current rise of the cryptocurrency market, Panetta compared the emerging industry to the archetypal era of the United […]