IMF Considers Crypto Regulation is Inevitable

This is said by Christine Lagarde, Head of the organization at a summit in Dubai
12 February 2018   49

Head of the International Monetary Fund (IMF) Christine Lagarde said that the fund is trying to prevent the use of bitcoin and other crypto currency for money laundering and terrorist financing. She said this in an interview with CNN Money.

I believe that it [crypto regulation] is inevitable.We had regulation of organizations over the past ten years after the financial crisis, but now we definitely need to move towards regulation of [crypto-currency] transactions.

Christine Lagarde

Head, International Monetary Fund

According to her, the crypto currency has many "dark" moments, so the IMF actively tries to prevent their use for money laundering or terrorist financing.

Also, Kristin Lagarde added that regulators need to focus on how and by whom transactions are conducted, their control, and also on the availability of necessary licenses for operators.

Genesis Conference to be Held in London

Genesis Conference will cover research and development, regulation, economics and applications issues, taking place in London on February 22
22 February 2018   73

Genesis London Conference will take place on February 22, tackling the most pertinent issues in blockchain space: research and development, regulation, economics and applications.

Genesis London is a platform for researchers, developers and generally anyone interested in blockchain, and its priority is to share knowledge, facilitate productive discourse and filter out the hype.

Location: The CityPoint building, 1 Ropemaker St, London, EC2, UK
Date and time: 9:30AM - 8PM, February 22, 2018

The agenda of the conference includes Privacy and Confidentiality Techniques for Blockchains; Permissioned Business Blockchain Applications and Use-cases; Scalable, Transparent and Post-quantum Secure Computational Integrity, with Applications to Cryptocurrencies; A Rational Protocol Design Treatment of Bitcoin, and more.

The headline speakers include Patrick de Laive, co-founder of TNW; Margarita Khartanovich, head of insight at Binary District; Jack Gavigan, chief operating officer at ZCash; Jeremy Kahn, technology writer for Bloomberg, and many more.