‘In Crypto We Trust’: Circle CEO Pumps Blockchain at IMF Meeting

2019-4-11 01:06

There is little doubt that digital payments tools – including bitcoin and other cryptocurrency projects – are transforming the way consumers make transactions. However, even the best digital technologies will fail if users don’t trust them.

This was the resounding message at the International Monetary Fund’s spring meeting held in Washington, D. C. on Wednesday. Lagarde: Consumers Are Dumping Their Cash Called “Money and Payments in the Digital Age,” one discussion included representatives from central banks and tech startups. Panelists shared their thoughts about how the economy was being reshaped by cryptocurrency and other digital technologies. IMF Managing Director Christine Lagarde

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2018-12-10 12:53


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Without a Digital Currency, Sweden Faces the Privatization of Money

Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future Councils.

2018-11-12 04:00