Distributed chistine technologywhich enables the authentication of transactions without them needing to be idea of a currency with central authority, could be used to speed up information sharing between regulators to improve their is hard but not impossible to trace a bitcoin transaction.
A system regulated by central banks could become the basis for a rapid expansion of financial services to developing world countries and the poorest people in western societies without the risks associated with privately managed digital currencies, she said. Lagarde said she thinks crypto should be regulated to protect inexperienced investors. Please email us at. Billions of pounds of investment is going into startup businesses that offer services based on blockchain technology, which they say can be cheaper and quicker than services offered by mainstream banks.
