TagChristine Lagarde

Mario Draghi's ECB Successor Could Usher in Crypto-Friendly Europe

christine lagarde, mario draghi, ecb, crypto

IMF Managing Director Christine Lagarde has reportedly been nominated to head up the European Central Bank, and this could be great for cryptocurrency. The banker has previously spoken positively about blockchain and cryptocurrency, saying that it’s time for the world to get serious about the technology. Christine Lagarde has been nominated as candidate to replace Mario Draghi as head of the ECB...

Cryptocurrency Slays Cash and Cards as Lunch Money in IMF Twitter Poll

56% of people think we’ll be using cryptocurrency to pay for lunch in five years, according to a Twitter poll by the International Monetary Fund (IMF). While Twitter polls aren’t exactly scientific, they’re a fair gauge of public opinion, especially when conducted by a reputable institutional like the IMF. With 37,660 votes, there’s a clear demand for a future built on mainstream crypto payments...

China to One Day Turn the Renminbi into a Crypto, Claims Blockchain Author

China, renminbi

By CCN: Perhaps no country has tried harder to snuff out bitcoin than China. After putting the kibosh on ICOs, the government banned crypto exchanges and now they're targeting bitcoin mining. While they may have slowed crypto down, especially in China, this train is moving full-speed ahead. Sooner or later, they might find themselves boarding, too. Blockchain Research Institute Executive Chairman...

IMF Chief Lagarde: Central Banks Should ‘Consider' Issuing Digital Currency

The Managing Director and Chairperson of the International Monetary Fund (IMF), Christine Lagarde, has called on central banks around the world to consider issuing digital currencies. According to Lagarde, the state has a role to play in injecting money to the digital economy and it was, therefore, necessary to ‘consider the possibility to issue digital currency’. Initially reported by the BBC...

IMF's Lagarde Calls for Open-Minded, Even-Handed Cryptocurrency Policies

Cryptocurrencies are growing on IMF Chief Christine Lagarde. The bitcoin price is trading in the green again today and oddly enough may be getting some of its lift from some positive remarks from Lagarde, who is at the helm of the International Monetary Fund (IMF). Her message to the world is that "crypto-assets do not pose an immediate danger," something market participants have been saying all...

Cryptocurrency Regulation ‘Inevitable,’ Says IMF Chief Christine Lagarde

Christine Lagarde IMF Cryptocurrency

The head of the International Monetary Fund (IMF) says that cryptocurrency regulation is “inevitable” due to the nascent technology’s utility as a tool that criminals can use to perpetrate illicit activities. Speaking in an interview with CNN Money at the World Government Summit in Dubai on Sunday, Christine Lagarde, managing director of the IMF, said that illicit cryptocurrency use had made the...

Financial Analyst Gary Shilling is Not Investing in Bitcoin, Calls it a 'Black Box'

Financial analyst Gary Shilling has called bitcoin a 'black box' and that he won't be investing in the digital currency. President of A. Gary Shilling & Company, Shilling claims that the digital currency is 'too opaque and complicated for him to invest' in. In a video on Business Insider, Shilling said of bitcoin that: It's a black box and I'm not a believer in black boxes. He explained that...

IMF’s Lagarde Warns Banks: Cryptocurrencies Will Bring “Massive Disruptions”

Christine Lagarde Cryptocurrencies

The head of the International Monetary Fund (IMF) has stated that central banks and banking providers should start taking cryptocurrencies seriously. Christine Lagarde, managing director of the IMF was speaking to media at the IMF Annual Meetings in Washington D.C when she said global financial giants risk being blindsided by new financial innovations like cryptocurrencies. Speaking to CNBC...

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