The head of the IMF told about the positive aspects of cryptocurrencies
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In mid-February, the head of the IMF on the need to regulate cryptocurrency. According to Christine Lagarde, the coins contribute to money laundering and financing of terrorism. Now the head of the institution listed the pros of a crypt.
thethe Advantages of cryptocurrency. Version head of the IMF
Thoughts Lagarde outlined in the publication on the website of the organization. The article on page 4 is called "an Unbiased approach to scriptactive" reports . To read the original .
Now the rhetoric of the head has changed. First of all, Christine appreciated the opportunity fast and cheap transfers of funds anywhere in the world.
Some payment services now make remittances within hours, not days.
According to the head of the institution, crypto-currencies will cause the "diversification of the financial landscape." In turn, this will improve the balance between centralized and decentralized service providers and financial ecosystem. The latter will be more efficient and in theory more resistant to counter threats.
The Blockchain will help financial markets work more efficiently. For developing countries, waiting for their rights of ownership and new investments.
The coins still need to earn the trust of customers and authorities.
An Important first step will be to reach consensus on the role of the cryptocurrency assets. Since they know no borders, international cooperation will be essential.
Now in the position of head of the IMF logic. I hope this is well affect courses.
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