IMF Head Positive on Crypto, Thinks Central Banks Should Consider Their Own

[kreslik.news]

Christine Lagarde, head of the International Monetary Fund, said that central banks should consider issuing their own cryptocurrencies, in a very wind-themed speech.

“In Singapore, it is often windy.”

The speech was entitled “Winds of Change: The Case for New Digital Currency”, and it was delivered at the Singapore Fintech Festival. The opening words were: “In Singapore, it is often windy. Winds here bring change, and opportunity.”

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Lagrarde identified that a key trend in the world today is the diminishing role of the state in terms of guaranteeing its money. Since people began travelling for commerce. People ... (read more)