Bank of Japan Turns Back on State-Issued Cryptocurrency

Bank of Japan Turns Back on State-Issued CryptocurrencyThe Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read: […]

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IMF’s Christine Lagarde Seeks to Achieve “Clear-Eyed” Cryptocurrency Regulation

TheMerkle_Deutsche Bank IMF Global EconomyWith so many countries focusing on Bitcoin regulation these days, one wouldn’t necessarily expect to see things evolve in a positive direction. As of right now, most of Europe still remains on the fence about regulating this new form of money, although some progress has been made. Surprisingly, Christine Lagarde of the International Monetary Fund would much rather see an even-handed approach in this regard. That’s a positive sign for this nascent industry. Christine Lagarde Remains Pro-Cryptocurrency Over the past few months, it has become more than apparent that the IMF has nothing against Bitcoin and similar currencies. That remains a rather surprising attitude to this

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IMF Chief Envisages Large-Scale Shift Towards Cryptocurrencies

IMF Chief Envisages Large-Scale Shift Away From Government Fiat Towards CryptocurrencyIMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 2 Blog Posts Dedicated to Crypto The […]

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Big Sister Watching: IMF’s Lagarde Warns of Crypto’s Dark Side

Big Sister Watching: IMF’s Lagarde Warns of Crypto’s Dark SideInternational Monetary Fund (IMF) Managing Director Christine Lagarde released a blog post Tuesday, March 13, Addressing the Dark Side of the Crypto World. In it, she argues increasing fascination with cryptocurrencies has brought along grave costs: money laundering, terrorism, and economic instability. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining IMF Managing Director […]

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