Tagged: christine lagarde

Industry Insiders Comment on Digital Euro Prospects: “Alternative forms of payment are here to stay”

Last week, the European Central Bank published a report published addressing the possibility of the issuance of a digital euro. The report was prepared by the Eurosystem High-Level Task Force on central bank digital currency (CBDC) and approved by the Governing Council thus representing he… Read More

ECB Publishes Report on Possible Digital Euro, Official Says Bank Must Be Ready for CBDC

Christine Lagarde, President of the European Central Bank (ECB), says the bank must be ready to issue a digital euro, according to a statement issued today. Meanwhile, a separate report from Bloomberg claims the ECB has already applied to trademark the name “digital euro” as… Read More

ECB: In Speech at Franco-German Parliamentary Assembly, Christine Lagarde Talks Up Digital Euro

  Lagarde, the President of the European Central Bank, addressed the Franco-German Parliamentary Assembly yesterday (Sept. 21) talking about the strength of the “European Project” while casting an eye on the future of further integration as well as the ongoing effort to achieve a Digital… Read More

Christine Lagarde, President of ECB, Says lack of Digital Payments Integration in Europe has Led to Foreign Providers taking Charge

Christine Lagarde, the President of the European Central Bank (ECB), has noted that money facilitates both transactions and relationships. According to the former International Monetary Fund (IMF) chair, money may be considered “an expression of sovereignty.” Lagarde, whose comments came during the recently held Deutsche… Read More

Coronavirus: European Central Bank Acts with €750 Billion Package – “Extraordinary times require extraordinary action”

EU coins money Europe

The European Central Bank (ECB) Governing Council has announced a €750 billion bailout package to mitigate the economic impact of the Coronavirus or COVID-19. The ECB decided to: To launch a new temporary asset purchase programme of private and public sector securities to counter the… Read More

Lagarde: ECB Has Created “Expert Task Force” to Study Feasibility and Risks of Central Bank Digital Currencies

Former IMF managing director and newly-appointed president of the European Central Bank (ECB), Christine Lagarde, says Europe’s central bank has set up a special committee to study the feasibility and “unintended side effects” of a central bank digital currency. Lagarde made the comments at the… Read More

Lagarde Calls for Careful Regulating of Fintech, Crypto Sectors in ECB Campaign Speech

Outgoing IMF Managing Director Christine Lagarde has called for the careful regulation of cryptocurrencies and the Fintech sector in a campaign speech she made before the Economic and Monetary Affairs Committee of the European Parliament this week. Lagarde has been nominated to lead the European Central Bank… Read More

At IMF Spring Meetings, JP Morgan Rep Says JPM Coin Could Streamline KYC/AML

The IMF’s Christine Lagarde hosted a panel discussion on “Payments in the Digital Age” at the IMF’s Spring Meetings held this week in Washington, DC. A video of the panel is provided by CNBC international TV and can be viewed here. Panelists included the ECB’s… Read More

Fintech in 2019? Predictions for Crowdfunding, Open Banking, SMEs, Regulations & More….

‘Tis the season for decking halls, lighting candles, spending time with family and friends, reflecting on 2018 and thinking ahead to 2019 and new trends in the global Fintech market. Crowdfund Insider reached out to the Fintech community members to look into their crystal balls… Read More

Governor of Thai Central Banks Says National Digital Currency for General Population Not Coming Anytime Soon

Veerathai Santiprabhob, the Governor of the Bank of Thailand (BoT), has laid to rest any notion that the general population of Thailand will be using a digital currency exclusively any time soon, Chiang Rai Times reports. The governor is more upbeat about prospects of his bank’s… Read More

IMF Director Lagard Tells Singapore Crowd to Prepare for “New World” of Digital Money

“Change is the only constant,” began IMF Managing Director Christine Lagarde as she addressed a crowd at the Singapore Fintech Festival earlier today (November 14th). “A new wind is blowing, that of digitalization. In this new world, we meet anywhere, any time…A world in which… Read More

IMF Expands Fintech Group to Foster Greater Collaboration Between National Authorities & International Organizations

The International Monetary Fund (IMF) has announced an expansion of its “High Level Advisory Group on Finance and Technology” to boost its Fintech efforts and expand its engagement with a broad range of public and private sector stakeholders. Under IMF MD Christine Lagarde, there is a recognition… Read More

IMF’s Christine Lagarde Advocates ‘Even-Handed Approach to Crypto’

After blogging last month about the risks of cryptographic currencies and assets, including their use in “darknet” marketplaces like AlphaBay, IMF Managing Director Christine Lagarde blogged this month about “the promise” of cryptocurrencies and urged an even-handed international approach to their regulation. Judicious consideration, wrote Lagarde,… Read More

Cryptocurrencies are Here to Stay: Dubai Has Spoken

“Is the future of cryptocurrencies gold or dust?” That million-BTC question was debated at one of the sessions of the recent World Government Summit – a “Davos forum” based in Dubai which is often called the City of the Future. More than 4,000 participants from… Read More

Head of IMF Envisions a Future Without Banks as Fintech Takes Over

Late last month, Christine Lagarde, International Monetary Fund Managing Director, delivered a speech in the UK envisioning a future without banks. Now Lagarde did not say banks will no longer exist but she stepped up to the precipice of the death of banking stating there… Read More

China: WeiyangX Fintech Review

Financial Technology Becomes a New Spotlight of the Belt and Road Initiative Belt and Road Forum for International Cooperation, also known as the Belt and Road Initiative, was held in Beijing on May 14-15. President Xi Jinping highlighted the role that financial technology has played… Read More

IMF & Dubai to Host FinTech Seminar at World Government Summit

The International Monetary Fund (IMF) is partnering with Dubai’s Ministry of Finance to co-host a fintech seminar during the 5th World Government Summit that will take place in Dubai between February 12-14, 2017.  Blockchain technology will be a key discussion point during this panel —… Read More

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