Christine Lagarde, IMF: A Balanced Approach to Crypto Assets

Christine Lagarde, IMF

The dizzying fluctuations in crypto assets such as Bitcoin invite comparison with the tulip craze that gripped Holland in the 17th century and the recent dot-com bubble. With more than 1,600 crypto assets floating around, it seems inevitable that many will not survive the process of creative destruction.

I previously looked at the downside of crypto assets, including their potential uses for money laundering and terrorist financing. Here I want to …

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