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The Future of Crypto Currency

Cryptocurrencies have a potential future and even though they have fluctuating values, these digital assets might find a way to become an effective means of payment, Raghuram Rajan, former Reserve Bank of India governor, told the Reuters Global Markets Forum.

The former chief economist for the International Monetary Fund (IMF) was more positive on well-regulated stablecoins. At the same time, he called for quick appropriate regulations for stablecoins.

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Cryptocurrencies have a potential future and even though they have fluctuating values, these digital assets might find a way to become an effective means of payment, Raghuram Rajan, former Reserve Bank of India governor, told the Reuters Global Markets Forum.

The former chief economist for the International Monetary Fund (IMF) was more positive on well-regulated stablecoins. At the same time, he called for quick appropriate regulations for stablecoins.

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