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.

https://cointelegraph.com/news/imf-could-issue-international-cryptocurrency-to-replace-dollar