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IMF Urges Study of Digital Currencies, Warns of "Erratic Valuation" - Dash Force News

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Mark Mason

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IMF Urges Study of Digital Currencies, Warns of "Erratic Valuation" - Dash Force News


The International Monetary Fund (IMF) has taken interest in digital distributed ledger technology, while warning against aspects such as instability and lack of interoperability.

In a paper on the impact of financial technology (fintech) on global finance, the IMF urged the study of digital currencies for their potential to revolutionize payment transfers, but urged caution on a few potential drawbacks. Of particular concern was the “potentially erratic valuation of virtual currencies,” as well as trust issues around the entities issuing said currencies.​
 
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