IMF's Christine Lagarde. Photo by Vincent Isore/IP3/Getty Images

International Monetary Fund managing director Christine Lagarde last month blogged about the "dark side" of cryptocurrencies. Now she's offering a more "even-handed" take:

"The fintech revolution will not eliminate the need for trusted intermediaries, such as brokers and bankers. There is hope, however, that decentralized applications spurred by crypto-assets will lead to a diversification of the financial landscape, a better balance between centralized and de-centralized service providers, and a financial ecosystem that is more efficient and potentially more robust in resisting threats."

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11 mins ago - World

More than 1 million people have now died from coronavirus

Data: Our World in Data; Chart: Sara Wise/Axios

The global toll of confirmed deaths from COVID-19 crossed 1 million on Monday, according to data from Johns Hopkins.

By the numbers: More than half of those deaths have come in four countries: the U.S. (204,762), Brazil (141,741), India (95,542) and Mexico (76,430). The true global death toll is likely far higher.

Updated 26 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 8:30 p.m. ET: 33,247,206 — Total deaths: 999,853 — Total recoveries: 23,019,940Map.
  2. U.S.: Total confirmed cases as of 8:30 p.m. ET: 7,147,070 — Total deaths: 205,024 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Business: Companies are still holding back earnings guidance.
  4. Health: Trump announces plan to distribute 150 million rapid tests —The childless vaccine.
  5. Media: Fauci: Some of what Fox News reports about COVID-19 is "outlandish"
  6. States: Cuomo extends New York moratorium on evictions until 2021.
  7. World: India the second country after U.S. to hit 6 million cases.
Dave Lawler, author of World
1 hour ago - World

Pompeo to protest China deal in Vatican visit

Pompeo. Photo: Getty

Secretary of State Mike Pompeo will visit the Vatican on Tuesday to protest the pending renewal of a controversial deal with China.

Behind the scenes: Pope Francis has reportedly declined to meet with Pompeo, citing the imminent U.S. election.