IMF: Central Banks Could Issue Digital Currency
(WorldNews Sweden)

Christine Lagarde, the managing director of the International Monetary Fund (IMF), has said central banks throughout the world should consider issuing digital currency to make transactions more secure. At a recent conference in Singapore, Lagarde argued that state-backed cryptocurrencies could satisfy public policy goals related to financial inclusion, consumer protection, privacy and fraud prevention. Also Read: Bitcoin Group SE Buys Investment Bank Tremmel Safe, Cheap and Semi-Anonymous Payments “I believe we should consider the possibility to issue digital currency,” Lagarde said in a speech this week in the city-state, which is...