IMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards Crypto

IMF chief Christine Lagarde has devoted her newest two weblog posts on the official IMF web site to cryptocurrencies. In her newest publish, she outlines a number of advantages of crypto and envisages a large-scale shift away from government-issued currencies in direction of cryptocurrencies.

Additionally learn: Yahoo! Japan Confirms Entrance Into the Crypto Area

2 Weblog Posts Devoted to Crypto

The managing director of the Worldwide Financial Fund (IMF), Christine Lagarde, devoted a weblog publish on the IMF web site to the advantages of cryptocurrencies on Tuesday. This optimistic publish follows her different publish final month which she outlined the drawbacks from her viewpoint. Citing that she beforehand “regarded on the darkish facet of crypto-assets, together with their potential use for cash laundering and the financing of terrorism,” Lagarde proceeded to say:

Right here, I wish to study the promise they [cryptocurrencies] supply. A even handed have a look at…

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