The head of the European Central Bank (ECB) Christine Lagarde noted the advantages of state digital currencies and expressed concerns about the spread of stablecoins.
The head of the International Monetary Fund (IMF), Christine Lagarde, spoke optimistically about the cryptocurrency, saying that they "do not pose an immediate danger," and their regulation is appropriate "in a balanced manner."
Christine Lagarde, head of the International Monetary Fund (IMF), warned that central banks and financial services should pay attention to crypto-currencies. In an interview with CNBC at the annual IMF meetings in Washington, DC, Lagarde said: "I think that we will see massive shifts". According to Lagarde, the Crypto-currencies can play a future role in the renewal of the IMF's own domestic currency, the reserve asset of which is called Special Drawing Right (SDR). What we will learn is how this currency, special drawing rights, can actually use this technology to be more efficient and less expensive.