Crypto: Lagarde Early Exit Report Puts Ecb Succession And Digital Euro In...
European Central Bank President Christine Lagarde is reportedly weighing an early exit from the bank just as the EU enters a crucial phase for the digital euro.
European Central Bank (ECB) President Christine Lagarde is considering leaving before her eight-year term ends in October 2027, the Financial Times reported, citing a person “familiar with her thinking.”
Lagarde, who took office in November 2019, is said to be weighing an early exit ahead of France’s April 2027 presidential election so that outgoing President Emmanuel Macron and German Chancellor Friedrich Merz can agree on a successor, the FT reported Wednesday.
An ECB spokesperson pushed back on the report, telling Cointelegraph: “President Lagarde is totally focused on her mission and has not taken any decision regarding the end of her term.”
Her potential departure would come at a sensitive moment for the ECB’s digital agenda.
Under Lagarde, the ECB has pushed ahead with preparatory work on a digital euro and repeatedly highlighted the need to manage risks from privately issued digital money, including stablecoins, within the new European Union Markets in Crypto Assets Regulation (MiCA) regime.
ECB officials have warned that rapidly growing stablecoins could pose financial stability and monetary policy risks in the euro area, even under MiCA’s safeguards, and have argued for a strong market for well‑regulated euro-denominated stablecoins that can compete with dollar tokens.
Related: Digital euro key to payments sovereignty in ‘weaponised’ world: ECB exec
Lagarde herself has been a vocal critic of Bitcoin (BTC) and other crypto assets, calling them “highly speculative,” and saying in a 2022 television interview that crypto is “worth nothing” and based on no underlying assets, repeating that sentiment even with BTC close to all-time highs in November 2025.
A change at the top of the ECB could impact how the institution communicates on, and prioritizes, issues such as the digital euro, stablecoin oversight and crypto-related payment arrangements, even if the overall regulatory direction is set at the EU level.
Source: CoinTelegraph