Nagel worried about giving bitcoin ‘government seal of approval’

EBA and Esma say EU adoption of decentralised finance is “lower than other developed economies”

Bitcoin

The governor of the Deutsche Bundesbank has described bitcoin as “digital tulips”.

In an interview with Platow Brief on January 17, Joachim Nagel said he would welcome a “more critical examination” of cryptocurrencies. He likened the enthusiasm towards bitcoin to the tulip mania of the 17th century, when the prices of the flower boomed “spectacularly” in the space of weeks, only to crash and trigger the “first financial crisis in modern history”.

Christian Lindner, the leader of Germany’s Free

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