Ten years have gone by since the world witnessed a major financial collapse of the banking space, and also the birth of Bitcoin. Here a look at the journey of digital assets so far.
Dong He, deputy director of the IMF’s Monetary and Capital Markets Department, published an article where he suggested that crypto assets may reduce demand for central bank money and proposed central banks create their own digitized assets.
Lagarde said that the same blockchain technology which underpins cryptocurrencies can be used to regulate cryptocurrencies and also track whether they are being used for any illicit activities.
Members of the EU Parliament will be given an opportunity to gain wider knowledge of the digital currency and technology behind it at the upcoming blockchain conference in Belgium.