Christine Lagarde: Cryptocurrencies Should Not Be Ignored by Governments

Who could have said that some countries might adopt cryptos instead of dollar? Check up on the forward-thinking Christine Lagarde.

IMF chief Christine Lagarde cautions governments not to dismiss Blockchain and cryptocurrencies.

International Monetary Fund (IMF) chief Christine Lagarde said that virtual currencies should not be dismissed outright by various governments around the world. She further claimed that the digital currencies could provide conventional government-issued tenders a “run for their money.”

At a conference held in London, England, Lagarde said that different countries, particularly those with “weak institutions and unstable national currencies” may directly adopt a cryptocurrency.