As Bitcoin goes under $9,000 Euronext CEO Stéphane Boujnah claims bitcoin cannot even be classified as a cryptocurrency.
Mr Boujnah said Euronext will never open a bitcoin market.
He said: "We will not create a bitcoin market because the mandate of Euronext is to power Pan-European capital markets to finance the real economy and bitcoin has nothing to do with the real economy. "Bitcoin has a lot to do with bitcoin. And we believe bitcoin is not a cryptocurrency.
"Bitcoin is at best a crypto asset. All currencies are assets but not all assets are currencies.
"Clearly, bitcoin today is just like a piece of art, or just like a diamond, just like a Pokemon card.
"It can be anything to capture value but today people buy it because it goes up and because it’s not as serious and transparent as a lot of assets
"So great, good luck. Like any emerging assets, it’s very fancy, which is great, but this is not our mandate.
"Our mandate is to be the place regulated, transparent, open, reliable. It’s not our mandate to be part of this new game in town."
Does this worry me? Not at all just another person that doesnt know about crypto spreading fud