Wall Street Journal indicates that IMF may issue its own cryptocurrency as new reserve currency.
According to the Wall Street Journal, the world may soon have an international cryptocurrency in response to Bitcoin. The story comes as a response to recent comments by Christine Lagarde, head of the International Monetary Fund (IMF), encouraging banks and governments to not short-change Bitcoin and other cryptocurrencies. Global digital currency craze The news should not come as a surprise, after the recent announcement by the Dubai government regarding its intention to issue a state cryptocurrency. Further, recent news indicates a large number of banks anonymously supporting state-issued coins as the Blockchain hype continues.