Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    slide 8 to 11 of 6

    BlackRock’s Bitcoin ETF Eyed to Hit $100B Milestone

    Coinbase Hits $100 Billion Market Cap Amid Bitcoin Surge

    Coinbase Hits $100 Billion Market Cap Amid Bitcoin Surge

    Coinbase Reaches $100 Billion Market Cap as Bitcoin Soars

    Vanguard Becomes Largest Shareholder in Strategy

    Bitcoin Dips on Trump’s Russia Tariff Proposal

    BlackRock’s Bitcoin ETF Eyed to Hit $100B Milestone

    Coinbase Hits $100 Billion Market Cap Amid Bitcoin Surge

    Coinbase Hits $100 Billion Market Cap Amid Bitcoin Surge

    Coinbase Reaches $100 Billion Market Cap as Bitcoin Soars

    Vanguard Becomes Largest Shareholder in Strategy

    Bitcoin Dips on Trump’s Russia Tariff Proposal

    BlackRock’s Bitcoin ETF Eyed to Hit $100B Milestone

    Coinbase Hits $100 Billion Market Cap Amid Bitcoin Surge

    Coinbase Hits $100 Billion Market Cap Amid Bitcoin Surge

    Coinbase Reaches $100 Billion Market Cap as Bitcoin Soars

    Vanguard Becomes Largest Shareholder in Strategy

    Bitcoin Dips on Trump’s Russia Tariff Proposal

    BlackRock’s Bitcoin ETF Eyed to Hit $100B Milestone

    Coinbase Hits $100 Billion Market Cap Amid Bitcoin Surge

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Dogecoin Price Surges Amid Market Speculation and Trading Volume Spike

    BTC Digital Establishes $1 Million Ethereum Reserve

    Binance Launches New Token Platform Amidst PumpFun Speculation

    XRP Analyst Predicts Rally to $38 Amid Breakout Signals

    Crypto Analyst Predicts 555% Surge for LUNC Price

    Trump Memecoin Faces Massive 50% Token Unlock

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    slide 8 to 11 of 6
    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

The IMF has Endorsed Cryptocurrencies

Joshua T. by Joshua T.
November 14, 2018
in Latest News
IMF Boss

Source: bitcoinist.com

A recent report made it known that the IMF has finally embracing cryptocurrency. This was made known through the recent statements made by Christine Lagarde, the Managing Director and Chairperson of the International Monetary Fund (IMF). The report made it known that the IMF Boss has advised central banks around the world to consider issuing digital currencies.

Statements from the IMF Boss

The IMF boss made it known that the role of a state in injecting money into the digital economy cannot be overlooked. As a result of this, it becomes paramount for the state to start considering the possibility of issuing a digital currency.
Lagarde has also backed her statements up with some benefits attached to doing this. She made this known in a recent speech she made in Singapore.

She stated that:

“The advantage is clear. Your payment would be immediate, safe, cheap and potentially semi-anonymous… And central banks would retain a sure footing in payments,”

She also spoke on some key benefits of doing this, which cover subjects such as, financial inclusion, customer protection, and privacy issue.

Regarding customer protection, she stated that:

“physical money was a check on the power of financial institutions. Without it, private payment providing companies would dominate. Such a system would tend towards monopoly, and make the economy too reliant on one pillar. Digital currency could prevent these issues by providing an alternative and back-up.”

As regards privacy issue, she stated that:

“Imagine that people purchasing beer and frozen pizza have higher mortgage defaults than citizens purchasing organic broccoli and spring water. What can you do if you have a craving for beer and pizza but do not want your credit score to drop? Today, you pull out cash. And tomorrow?”

Crypto is Not a Threat

The IMF boss also cited examples of countries already benefiting from being crypto-friendly.
Finally, she made it known that she doesn’t see cryptocurrency as a threat to financial stability. She also stressed the importance of regulating the industry.

Tags: Christine LagardeCryptocurrencyIMF
Previous Post

A New Strain of Cryptojacking Malware has been Uncovered by McAfee

Next Post

Ripple (XRP) Jumps Past Ethereum (ETH) to Clinch the 2nd Position

Joshua T.

Joshua T.

Related Posts

Vanguard Becomes Largest Shareholder in Strategy with 8% Stake

by Solomon M.
July 15, 2025

Vanguard holds an 8% stake in Strategy, worth $9.26 billion, amid passive index fund exposure.

U.S. Regulators Allow Banks Crypto Custody

by Anca F.
July 15, 2025

U.S. banking regulators revise guidance enabling banks to offer crypto custody services, impacting BTC, ETH, and stablecoins.

xAI Introduces AI Tools Suite for US Government

by Solomon M.
July 14, 2025

Elon Musk's xAI launches 'Grok for Government' with a $200 million Defense contract.

Grayscale Submits Confidential IPO Filing to U.S. SEC

by Solomon M.
July 14, 2025

Grayscale Investments has confidentially submitted an IPO draft to the SEC, expanding its public market reach.

Grayscale Files Confidential IPO with US SEC

by Solomon M.
July 14, 2025

Grayscale has filed draft IPO paperwork with the SEC, potentially opening new investment avenues for its crypto products.

Kazakhstan Evaluates Crypto Investments Using National Reserves

by Solomon M.
July 14, 2025

Kazakhstan considers leveraging national reserves for crypto investments, led by Bank Governor Suleimenov.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.