Latest News Of Bank of International Settlements Tag

BIS head likes digital fiat, but still doesn’t like crypto

Editorial 1 July 2019

BIS head likes digital fiat, but still doesn’t like crypto

Augustin Carstens has changed his mind on digital currencies, but he hasn’t changed it as much as some would hope.

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BIS chief: Central banks question ‘value’ of issuing digital currencies

Business 27 March 2019

BIS chief: Central banks question ‘value’ of issuing digital currencies

Agustin Carstens said central banks “are not seeing the value” of issuing their own central bank-backed digital currencies (CBDCs), citing concerns over uncertainties about the impact on the wider monetary system.

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70% of central banks exploring digital currency

Business 9 January 2019

70% of central banks exploring digital currency

The Bank of International Settlements has found that a large number of central banks are exploring the issuance of a digital currency.

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