IMF Chief Envisages Large‐Scale Shift Towards Cryptocurrencies


IMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large‐scale shift away from government‐issued currencies towards cryptocurrencies.

The managing director of the International Monetary Fund (IMF), Christine Lagarde, dedicated a blog post on the IMF website to the benefits of cryptocurrencies on Tuesday. This positive post follows her other post last month which she outlined the drawbacks from her viewpoint. Citing that she previously “looked at the dark side of crypto‐assets, including their potential use for money laundering and the financing of terrorism,” Lagarde proceeded to say:

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