IMF's Georgieva says initial signs from US on digital deregulation are encouraging

Business Business FILE PHOTO: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 24, 2025. REUTERS/Yves Herman/File Photo WASHINGTON : Initial signs from the Trump administration on its plans to deregulate digital assets are "quite encouraging," International Monetary Fund Managing Director Kristalina Georgieva said in a Reuters NEXT Newsmaker interview on Monday. "There has been some overdose regulation in some cases," Georgieva said, citing what she called underwhelming economic growth in the last years. "So removing barriers for entrepreneurship and growth is a good thing." Georgieva said moves to deregulate should be done carefully without creating financial risks, but initial signs from the White House showed the Trump administration was focused on striking the right balance between over- and under-regulation. Get our pick of top stories and thought-provoking articles in your inbox Stay updated with notifications for breaking news and our best stories Get WhatsApp alerts Join our channel for the top reads for the day on your preferred chat app Copyright© Mediacorp 2025. Mediacorp Pte Ltd. All rights reserved. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be. To continue, upgrade to a supported browser or, for the finest experience, download the mobile app. Upgraded but still having issues? Contact us