The IMF is Now Defending Cryptocurrency?

Well, this is not what I expected to see from the IMF – not that it isn’t a good thing but I guess they know times have changed

IMF Boss Begs Investors Not To Shun Crypto Despite Market Crash

“The head of the International Monetary Fund (IMF) stated at the World Economic Forum in Davos that despite the recent failure of a popular stablecoin, people should not avoid cryptocurrencies entirely.

Kristalina Georgieva feels that the cryptocurrency market plays a key role in the global financial system because of the fact that it offers faster service at cheaper costs and is more inclusive.

‘I would beg you not to pull out of the importance of this world,’ the IMF managing director said at the WEF meeting in Davos.”


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