IMF chief shows support (again) for cryptocurrency — Coingeek


In October, Christine Lagarde, chief of the International Monetary Fund (IMF), said, “I think that we are about to see massive disruptions [by cryptocurrency].” She went further to say that the IMF could even consider launching its own cryptocurrency sometime in the future. Lagarde is once again coming out in favor of the cryptocurrency industry, announcing that she feels the timing is right to globally discuss the potential benefits of crypto assets.

Lagarde, who has headed the IMF since 2011, didn’t say that she’s 100% behind cryptocurrencies, but her remarks echo what many financial minds and economists are saying—cryptocurrencies are here, they’re not going away and it’s time to take them seriously. She wrote a blog post on the IMF website stating, “A judicious look at crypto‐assets should lead us to neither crypto‐condemnation nor crypto‐euphoria.”

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