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Agustin Carstens

BIS newly-opened Toronto Innovation Hub focuses on open finance
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21 June, 2024

BIS newly-opened Toronto Innovation Hub focuses on open finance

Miguel Diaz, who previously led payment systems at the Bank of Mexico, will head the new hub, which will serve...
South Korea CBDC pilot launching in 2024 with over 100,000 participants
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30 November, 2023

South Korea CBDC pilot launching in 2024 with over 100,000 participants

The Bank of Korea will begin its retail CBDC pilot in 2024, testing use cases like payments for government grants...
BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms
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27 November, 2023

BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms

The Bank for International Settlements general manager and the governor of South Korea’s central bank talked about the need for...
BIS chief says wholesale CBDCs are coming ‘really soon’
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16 November, 2023

BIS chief says wholesale CBDCs are coming ‘really soon’

Wholesale CBDCs don’t have the many complexities, risks, and complications of retail CBDCs and should launch in a few years,...
BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’
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4 October, 2023

BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’

While 93% of central banks are exploring CBDCs, over 80% of legal frameworks bar the rollout of these digital currencies,...
Bank for International Settlements launches blockchain sustainable finance initiative
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13 September, 2023

Bank for International Settlements launches blockchain sustainable finance initiative

Leveraging the power of emerging technologies, the Bank for International Settlements and the United Arab Emirates open a competition that...
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