Industry leaders react to IMF Report: The Rise of Digital Money

On Monday, 15 July, the IMF published a new report ‘The Rise of Digital Money’ outlining the potential effects cryptocurrencies will have on the current financial system and regulatory environment.    The report states that the two most common forms of money today, cash and deposits, will face tough competition and could even be surpassed. The IMF also said policymakers should be prepared for disruption from big tech companies and fintech start-ups.    Expert leaders in the blockchain and cryptocurrency space comment:-   Nick Cowan, CEO of the Gibraltar Stock…

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