The head of the International Monetary Fund (IMF) has said that the underlying technology of bitcoin and other digital currencies could make the finance system function more effectively.
In a blog post published yesterday, Christine Lagarde, the chief of the IMF, said that just as the technologies that emerged during the dot-com era to change our lives, so too could cryptocurrencies such as bitcoin impact the way people save money, invest, or pay for their bills.
She said:
That is why policymakers should keep an open mind and work toward ­­an even-handed regulatory

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