Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate cryptocurrency, instead of banning it.

The government of Gibraltar, a British territory at the southern tip of the Iberian Peninsula, has started a pilot program aimed at utilizing blockchain technology to store official credentials on its systems.

On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism at the "Russian Calling" investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph: