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Submission + - IMF chief: Cryptocurrency regulation is 'inevitable' (cnn.com)

SonicSpike writes: International Monetary Fund chief Christine Lagarde says it's only a matter of time before cryptocurrencies come under government regulation.

"It's inevitable," she told CNNMoney emerging markets editor John Defterios. "It's clearly a domain where we need international regulation and proper supervision."

"There is probably quite a bit of dark activity [in cryptocurrencies]," she added at the World Government Summit in Dubai on Sunday.

Lagarde said that the IMF is actively trying to prevent digital currencies from being used to launder money or finance terrorism. But she argued that regulators need to focus less on entities, and more on activities — who is doing what, and whether they're properly licensed and supervised.

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IMF chief: Cryptocurrency regulation is 'inevitable'

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