The Belgian Central Bank Governor says his organization celebrated the 2022 slump in crypto prices – and says last year’s onset of crypto winter “was good news for us.”
Per Business AM, Governor Pierre Wunsch called the crypto “implosions” of last year “good news in themselves for us.”
The media outlet noted that “us” in this case referred to “the regulators of the stability of the conventional financial system.”
Wunsch stated that the bank had been “concerned about the growing importance of cryptocurrency investments due to their potential impact on financial stability.”