IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech

Try for Free! DupliTrade, transparent, profitable & fully regulated, Copy Trading service. Partnered only with top regulated brokers Like ICMarkets, Pepperstone, ThinkMarkets & many more!


With contributing reporting from Jimmy Aki.

Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital.

The IMF chair gave a speech at the Singapore Fintech Festival on November 14, 2018, titled “Winds of Change: The New Case for Digital Currency.” In it, Lagarde stated, “I believe we should consider the possibility to issue digital currency. There may be a role for the state to…

READ MORE  Is It Possible to Earn $1m per Year by Trading Bitcoin?

Source link

WANT TO EARN MONEY ON CRYPTO, BUT STILL DON'T KNOW HOW TO START? WE CAN HELP YOU! CLICK HERE

Leave a Reply

Your email address will not be published. Required fields are marked *