According to a Financial Times report, the World Bank and the International Monetary Fund have launched their own Blockchain platform that has its own native quasi Cryptocurrency. The motive of the two global institutions is to explore the benefit of the nascent DLT as well as the use of Cryptocurrencies to replace the traditional financial […]
The managing director of the International Monetary Fund (IMF) Christine Lagarde has made a statement to central banks urging them to consider issuing national Cryptocurrencies. She was speaking in Singapore during a recent press conference. According to the IMF Chief, state-backed Cryptocurrencies are the best approach to solving the herculean responsibility of improving public policy […]
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