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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.

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