Tag Archives: Director

PBOC Director Advocates State-Issued Cryptocurrency

The Director of The People’s Bank of China’s (PBOC) Digital Currency Research Institute, Yao Qian, has announced his determination that the issuance of a state-owned digital currency is necessary in order to “fundamentally guarantee the market position of… [China’s] currency”, as reported by Chinese media outlet, Yicai.Also Read: Virtual Currencies Expected …

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Cryptocurrencies Expected to Cause “Massive Disruptions” – IMF Managing Director

The managing director of the International Monetary Fund (IMF), Christine Lagarde has again addressed the topic of bitcoin and cryptocurrency. At a recent IMF event, Lagarde told reporters that virtual currencies will comprise the catalyst for “massive disruptions” within the financial markets and fintech industries.Also Read: IMF Chief Lagarde Tells Central …

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