Christine Lagarde (ECB): "With CBDC we will have control!" she said in a meeting with Zelensky

Christine Lagarde said that the ECB would have control over transactions with a CBDC. It is needed but a threshold of €300 - €400 could be considered before a transaction would be checked.

Highlights

• Christine Lagarde admitted that “there will be control” in regard to a digital euro.
• She said this in a meeting with a fake Zelensky impersonator.
• It later turned out that the person claiming to be the Ukrainian president was in fact not Volodymyr Zelenky.
• The crypto community has reacted heavily to the viral video of Lagarde saying that the ECB is heading is a catastrophic outcome in terms of privacy, control, and financial stability of economies.
• But a big part of the crypto community believes that the introduction of a Euro CBDC will be good for investors and individuals to flock to $BTC and other cryptocurrencies.

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