Says Lagarde,
“In this environment, central banks
and supervisors need to ensure the safety of the financial sector, but
also to be open to the opportunities provided by change.
In the case of new technologies –
including digital currencies – that means being alert to risks in terms
of financial stability, privacy or criminal activities, and ensuring
appropriate regulation is in place to steer technology towards the
public good. But it also means recognising the wider social benefits
from innovation and allowing them space to develop.”
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