ECB Official Decries Bitcoin as `Evil Spawn´ of Financial Crisis, Ripple Consolidates Lawsuits
(WorldNews Japan)

In recent regulatory news, an executive board member of the European Central Bank (ECB) has given a dismissive appraisal of bitcoin and rejected the prospect of central banks issuing state-backed digital currencies in the foreseeable future. In other news, Ripple Labs has moved to consolidate three lawsuits into a single federal suit, while the police have arrested eight individuals in Tokyo who are suspected of involvement in a $68.4 million cryptocurrency pyramid scheme. Also Read: French Financial Regulator...