IMF director: “crypto disruptors are shaking the system,” launches private cryptocurrency “Learning Coin”60

International Monetary Fund (IMF) chairperson Christine Lagarde stated cryptocurrency and other “disruptors” are “shaking up” the incumbent financial industry, with potentially double-sided effects. Now more than ever, authorities need to keep an eye on these disruptive technologies so stability in the global banking system will not be affected, said Lagarde.

Lagarde made the comments while speaking at the IMF Spring Meetings in Washington, DC, on Wednesday. In an interview with CNBC following a panel session about the evolution of money systems around the world, Lagarde said:

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