European Central Bank President Christine Lagarde speaks on a panel at the World Economic Forum in Davos, Switzerland.

ECB President Christine Lagarde rejected Bitcoin as a reserve asset for EU central banks, but the Czech National Bank is considering it.

ECB President Christine Lagarde has firmly stated that Bitcoin will not be included in EU reserves due to concerns over regulatory risks.

The re-election of Donald Trump should serve as a “wake-up call” for EU leaders, Lagarde and Germany's Habeck warned.

At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.

Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:

Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.

ECB President Christine Lagarde expressed confidence that no European country would establish Bitcoin reserves.

Europe must "be prepared" and anticipate the potential trade tariffs of newly inaugurated U.S. President Donald Trump, European Central Bank President Christine Lagarde told CNBC on Wednesday.

European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to include bitcoin among his country's official reserves.

The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar.”

Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track.