Christine Lagarde Convinced IMF Could Play Pivot Regulating Cryptocurrencies

IMF head Christine Lagarde’s positive comments on cryptocurrency appear to have inspired a U-turn in traditional finance circles.

Lagarde’s suggestion that digital currencies could give fiat-based setups “a run for their money” provided a powerful alternative perspective to bankers’ “fraud” accusations.

Lingham banker buddy’s optimism

Now, well-known crypto industry figures such as Vinny Lingham are producing evidence that optimism from legacy money is still flowing.


Reproducing an exchange with a “banker/finance friend” Monday, Lingham noted the ease with which he had changed his mind on ICOs.

“[…] Now it just seems like easy money,” he added.

IMF new role

For her part, Lagarde’s ‘Brave New World’ speech at the Bank of England Conference late September contained more clues to a future international regulatory stance on cryptocurrency.

“To make things smoother—at least a bit—we need dialogue,” she said about cross-border regulatory efforts on fintech, including digital currency and decentralized technology.

“Between experienced regulators and those regulators that are just beginning to tackle fintech. Between policymakers, investors, and financial services firms. And between countries.”

The idea that the IMF could play a vital role in achieving a level playing field for disruptive technology and countering FUD from banking moguls such as JPMorgan’s Jamie Dimon and John Normand, provides much-needed support for the industry.

http://platform.twitter.com/widgets.js
https://cointelegraph.com/news/christine-lagarde-convinced-imf-could-play-pivot-regulating-cryptocurrencies

4 Replies to “Christine Lagarde Convinced IMF Could Play Pivot Regulating Cryptocurrencies”

  1. Appreciating the time and energy you put into your site and detailed information you present. It’s awesome to come across a blog every once in a while that isn’t the same unwanted rehashed material. Great read! I’ve bookmarked your site and I’m adding your RSS feeds to my Google account.

  2. Hey I’m really glad I discovered your webpage, I basically found you by accident, when I was searching on Digg for free movies. Nonetheless I’m here now and would just enjoy to say cheers for a incredible posting and the all-round enjoyable site (I likewise like the design), I do not have enough time to go through it entirely at the minute however I have bookmarked it and also added your RSS feeds, so whenever I have enough time I’ll be back to browse a lot more. Please do continue the wonderful job.

  3. Al Hadi AC Refrigration and Repairing is committed to giving your ACs a new lease of life. We have a team of experienced professionals which has serviced more than a 1000 units, much to the satisfaction of our clients. The effort at Al Hadi has always been to service a call in the shortest span of time and to close it with a happy client. The referrals we get is a testimony to our work. Try our services today!

  4. My spouse and I definitely love your blog and find the vast majority of your articles to be exactly what I am in need of. Would you offer people to post content for you? I would not mind composing a post relating to real estate websites or maybe on some of the topics you write about on this page. Nice information site!

Leave a Reply

Your email address will not be published. Required fields are marked *