Christine Lagarde: “Cryptocurrencies Clearly Shake The World”

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We don’t want innovation that would shake the system so much that we would lose the stability that is needed”, Lagarde said. In a recent interview with CNBC, the head of the IMF, Christine Lagarde, said that distributed ledger technologies really have great value, and cryptocurrencies really have an impact on the financial sector and even "shake the system." Image courtesy of Steemit Read the best crypto news analysis here! bitnewstoday.com Bitcoin, investments, regulation and other cryptocurrencies Found a mistake? The banks, such as JPMorgan, which recently released their digital token JPM Coin, also try to keep up with the times. Facebook is working on its own cryptocurrency, and Apple issues a credit card in partnership with Goldman Sachs.

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In a recent interview with CNBC, the head of the IMF, Christine Lagarde, said that distributed ledger technologies really have great value, and cryptocurrencies really have an impact on the financial sector and even "shake the system."

In her opinion, the space of digital assets should be controlled to maintain stability, and many countries are moving in this direction, with an emphasis on regulation. If cryptocurrencies will grow and develop, measures must be taken to avoid exposing consumers to great risks like QuadrigaCX, Cryptopia hackings and general instability, which is still a characteristic of the market.

“I think the role of the disruptors and anything that is using distributed ledger technology, whether you call it crypto, assets, currencies, or whatever…that is clearly shaking the system. We don’t want innovation that would shake...

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