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.
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.