Agustin Carstens news and trends

BIS Says Traditional FIs Must Embrace Digitization
Cryptocurrency // December 05, 2019

To make sure that they stay at the center of the global payment system, the head of the Bank of International Settlements (BIS) says that central banks have to embrace the revolution in digital money, Bloomberg reported Thursday (Dec. 5). BIS General Manager Agustin Carstens...

BIS Bitcoin Critic Says Banks Shouldn’t Create Crypto Tokens
Bitcoin // March 22, 2019

Agustin Carstens, the general manager at the Bank for International Settlements, said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. In the past, Carstens has called Bitcoin...

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BIS Says Traditional FIs Must Embrace Digitization

December 05, 2019
To make sure that they stay at the center of the global payment system, the head of the Bank of International Settlements (BIS) says that central banks have to embrace the revolution in digital money, Bloomberg reported Thursday (Dec. 5). BIS General Manager Agustin Carstens said in a speech, according to the outlet, “We have […]

BIS Bitcoin Critic Says Banks Shouldn’t Create Crypto Tokens

March 22, 2019
Agustin Carstens, the general manager at the Bank for International Settlements, said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as...