A Wall Street Journal report cited by Bitcoin Magazine says European Central Bank President Christine Lagarde blocked Binance from establishing a foothold in the European Union. The report places Lagarde at the center of an effort that prevented the cryptocurrency exchange from gaining an EU presence. Lagarde has previously criticized Bitcoin and supports central bank digital currencies, according to the source. The account adds a regulatory and political dimension to Binance’s efforts to operate in the European market, although the supplied report does not provide further details on when the intervention occurred, how it was carried out, or which EU jurisdictions were involved. The report was published by Bitcoin Magazine and written by Mathew Di Salvo.
Report: ECB President Blocked Binance’s EU Entry
A Wall Street Journal report cited by Bitcoin Magazine says ECB President Christine Lagarde blocked Binance from gaining a foothold in the European Union. The source also notes her past criticism of Bitcoin and support for CBDCs.
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