IMF Director Tells Banks:  Do Not Worry about Bitcoin & Blockchain

Christine Lagarde, the managing director of the International Monetary Fund (IMF) addressed bankers to say that banks and financial institutions do not have to worry about bitcoin or the blockchain. It’s that time for global financial figures to be dismissive of Bitcoin and its underlying technology, the block chain. IMF Chief Christine Lagarde quelled bankers’ fears of the blockchain posing a threat to the current banking industry in banking conference at New York As reported by The Financial Times, Lagarde said: Many of you have heard about not only bitcoins but blockchains and that unbelievable technology that underlies the Bitcoins of […]

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