IMF Head Extols Potential Benefits of Cryptocurrency

Last Monday, International Monetary Fund head Christine Lagarde praised the potential benefits of assets such as Bitcoin and said that a judicious look at cryptocurrency should lead to neither condemnation nor euphoria.

Even as Lagarde maintained her stance on reigning illegal activities involving cryptocurrency, the IMF leader nevertheless called for an even-handed regulatory agenda that protects against threats without hindering innovation.

Lagarde’s statement is said to have offered a fresh perspective at a time of increasing negative sentiment on cryptocurrency and Bitcoin which traditional financiers continue to call a ‘bubble’.

Source: Coin Telegraph

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