Latest News Of Bank of International Settlements Tag

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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