During the discussion, Largarde reiterated that Bitcoin (BTC) is unlikely to meet the requirements for inclusion in official reserve holdings. The declaration has triggered a wave of reaction across the crypto community, reopening debates about how digital assets fit into the global financial system.
Why Bitcoin Does Not Qualify As An ECB Reserve AssetLargarde also noted that reserve assets must prioritize stability and trust within the global financial system, reinforcing the cautious stance banks and financial institutions continue to take toward digital assets like Bitcoin. Her remarks quickly drew attention from the crypto community via Squire’s X account. Many market participants debated which digital asset, if any, could align more closely with future reserve settlement frameworks.
