Bitcoin tools could make finance system safer, says IMF boss
(The Guardian Money News)

Christine Lagarde believes revisiting crypto-assets could `harness gains and avoid pitfalls´The advance of bitcoin and other digital currencies could make the global financial system safer despite the prospect of `inevitable` accidents waiting to happen, the head of the International Monetary Fund has said. Christine Lagarde said some tools built using the technology behind bitcoin, which are known collectively as crypto-assets, hold the potential to revolutionise the world of high finance by making it faster, cheaper and safer. Among them, there are `real threats and needless fears`, she said. Continue reading...