Speaking here at a session on remaking of global finance at the World Economic Forum (WEF), US Treasury Secretary Steven Mnuchin said, "We will make sure crypto currencies are not used for illicit activities."
Asked whether IMF would heed the G20's call to look into crypto currencies, as suggested by French President Emmanuel Macron here yesterday, Lagarde said in the same session that the body is accountable to 189 countries and not just 20 though it works closely with the G20 nations.
"We have already started analysing the issues concerning crypto currencies including risks and potential benefits," she said.
Lagarde further said any dark trade that involves money laundering or anonymity is unacceptable.
source :http://www.moneycontrol.com/news/business/imf-looking-into-crypto-currencies-us-says-wont-allow-illicit-trade-2491583.html/amp
