×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

International Monetary Fund chief scouts for digital currency issuance

International Monetary Fund chief, Christine Legarde during the FinTech Festival. [Photo: Courtesy]

International Monetary Fund chief, Christine Legarde has urged central banks to embrace issuance of cryptocurrency.

Speaking during the release of ‘’Winds of Change: The Case for New Digital Currency’’, an IMF report at the Singapore Fintech Festival, Ms Legarde said that the digital currencies transactions were safe, immediate, cheap and semi-anonymous.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in