Lagarde urges central banks to address decline of cash by issuing digital money

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Lagarde urges central banks to address decline of cash by issuing digital money[size=0.8em]By Delphine Strauss
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Central banks should look seriously at issuing digital currency to “fill the void left by the decline of cash”, the IMF head said yesterday.

The state could have a role in supplying money to the digital economy to aid financial inclusion and avoid a situation where “too much power could fall into the hands of a small number of outsized private payment providers”, Christine Lagarde said in Singapore.

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关键词：Lagarde central Decline address digital