Article 3J1YV 'Fight fire with fire': IMF's Lagarde calls for bitcoin crackdown

'Fight fire with fire': IMF's Lagarde calls for bitcoin crackdown

by
Richard Partington
from Technology | The Guardian on (#3J1YV)

IMF chief says cryptocurrency's own blockchain technology could be used to control it

Christine Lagarde has called for a crackdown on bitcoin by using the technology behind the digital currency to "fight fire with fire".

The head of the International Monetary Fund said authorities around the world could harness the potential of cryptocurrencies to help bring them under control, warning that failure to do so would allow the unfettered development of a "potentially major new vehicle for money laundering and the financing of terrorism".

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments