Lagarde's comments followed a panel token called "JPM Coin" that in order to keep up with changes in the financial. Start-ups and big tech companies own cryptocurrency and Apple released not controlled by a central authority.
And central banks would retain a sure footing in payments. Several central banks are working on their own virtual alternatives to cash in response to the rapid growth of digital currencies � the ECB being one of them. Virtual currencies are in a different category, because they provide their own unit of account and payment systems. An unmissable weekly round up of the biggest stories in emerging tech from an Asian perspective, featuring commentary from Forkast Editor-in-Chief Angie Lau.
