Do not discount central bank digital currency yet – Lagarde

Christine Lagarde

Central banks should not discount launching digital crypto-assets completely, the managing director of the International Monetary Fund has warned.

In her most recent blog post, Christine Lagarde writes that were privately issued crypto-assets to remain “risky and unstable”, there may be demand for central banks to provide digital forms of money.

Lagarde’s more open attitude toward crypto-assets contrasts with the new head of the Bank for International Settlements, Agustín Carstens, who has

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