IMF Chief Lagarde Tells Central Bankers: “Not Wise to Dismiss Virtual Currencies”

Christine Lagarde, head of the IMF, warns central bankers that bitcoin is rising. She has told them not to discount digital currencies, because they are gaining more adoption and traction. Lagarde addressed this issue in a conference Friday in London. She said digital currencies might give existing currencies “a run for their money.” Also read: Cayman Investment…

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