The cryptocurrency ecosystem has found an unexpected backer in the International Monetary Fund. The organization is asking the world’s central banks to be open-minded about digital money as they should “distinguish between real threats and needless fears”.
IMF Wants to Help Develop Cryptocurrency Regulation
Christine Lagarde, Managing Director of the International Monetary Fund, took many in the financial system by surprise with a recent blog post where she seems to be on the side of cryptocurrencies when it comes to the recent overreaction by some central banks, including India and Pakistan. The

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