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

The managing director of the International Monetary Fund (IMF), Christine Lagarde warned financial institutions that “we are about to see massive disruptions” as a result of cryptocurrency and distributed ledger technologies. The IMF head stressed the need for institutions and regulators to “adjust… to the impact of the combined breakthrough technologies that will impact markets.”

Source: Cryptocurrencies Expected to Cause “Massive Disruption” – IMF Managing Director