Washington DC - World financial institution, International Monetary Fund (IMF) is concerned about the existence of digital currency or cryptocurrency.

IMF, Tobias Adrian, IMF Advisor and Director of the Monetary and Capital Markets Department, said cryptocurrency is an existing requirement and is beginning to color the financial system worldwide.

"Some of the technology behind crypto assets can make financial market infrastructure more like a more efficient payment system," he said in his presentation at the IMF building, Washington DC, Wednesday (18/4/2018).


However, not all things related to cryptocurrency are fun. Because, according to Adrian, at the same time cryptocurrency save a negative risk to the financial system itself.

How not, with its digital asset form, cryptocurrency is easily misused for financial system crimes such as money laundering crimes.

In addition, the absence of a clear system, makes cryptocurrency vulnerable to damage that ultimately harms those who use this instrument.


"Crypto assets have potential for financial crime (fraud), security breaches and operational failures," he explained.

To that end, Adrian said, governments and policymakers in various countries should begin to set clear policies related to cryptocurrency so that potential problems that will arise in the future can be prevented.

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