Bank for International Settlements (BIS) chief Agustin Carstens has been a vocal opponent of bitcoin and other cryptocurrencies, making his feelings known in no uncertain terms on many occasions. But the general manager of the BIS – popularly known...
After issuing comments and reports heavily critical of cryptocurrencies over the last few years, Agustin Carstens, chief of the Bank for International Settlements (BIS), has acknowledged that central banks will likely soon need to issue their own digital currencies. Speaking...
The general manager of the Bank for International Settlements (BIS) has again warned that caution is needed when considering central bank digital currencies. In a speech at the Central Bank of Ireland on Friday, Agustin Carstens said that central banks...
Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no.” Carstens has never been a fan of crypto, having likening bitcoin to a “bubble,” a...