2023-2-22 21:29 |
Agustin Carstens, the general manager of the BIS, recently delivered a speech on innovation and the future of money.
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In drumming up interest for this year’s Bank of International Settlements (BIS) Annual Report, General Manager Agustin Carsten said, “the soul of money is trust,” about Central Bank Digital Currencies (CBDCs).
2022-6-21 17:00 | |
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According to the boss of the international institution owned by central banks, it is central banks that are best positioned to shape the future of money.
2022-1-20 22:15 | |
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The General Manager of the Bank of International Settlements (BIS), Agustin Carstens, sent a chilling message regarding the future direction of central bank digital currencies (CBDCs). “We don’t know who’s using a $100 bill today and we don’t know who’s using a 1,000 peso bill today.
2021-7-10 03:00 | |
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Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets are “used to do some arbitrage, or to circumvent some regulations.” Carstens Repeats the Same […]
2021-3-27 15:15 | |
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Massive acquisition of cryptocurrencies by large firms has been in vogue in recent days, thus yielding an impressive rally in the price of cryptocurrencies. However, the general manager of the Bank of International Settlements, Agustin Carstens still thinks virtual currencies functionality calls for more regulation.
2021-3-26 22:56 | |
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Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital currencies.
2021-1-29 09:30 | |
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Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs) were no good, has changed his stance. In his recent speech titled “The future of money and the payment system: what role for central banks?” Carstens seemed to emphasize that CBDC's could open the gates […]
2019-12-8 23:25 | |
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Coinspeaker BIS Head’s Crypto Anger Changes to Mid-Positive Attitude General manager of BIS who has a powerful name and is influential enough to change the industries says central banks' cryptocurrencies may have a chance.
2019-12-6 19:30 | |
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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.
2019-7-1 17:30 | |
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The long-standing debates about the credibility, general acceptance and adoption of cryptocurrency is nowhere near its end. People have in the past argued both ‘for' and ‘against' mainstream adoption of digital currencies.
2019-5-27 02:22 | |
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The debate about the credibility and mainstream acceptance of cryptocurrency ever since Bitcoin rose to fame in 2017 does not seem to have any conclusion. People involved in this discussion presented valid reasons both ‘for’ and ‘against’ the credibility and acceptance of cryptocurrencies.
2019-5-26 06:00 | |
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Bank For International Settlements (BIS) Believes Central Banks See No Value In CBDCs Agustin Carstens, the general manager of the Bank for International Settlements (BIS) said that banks should be cautious when considering issuing central bank digital currencies (CBDCs).
2019-3-25 20:23 | |
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One of the most vocal Bitcoin critics has cautioned central banks against issuing their own digital currencies, claiming that they are a threat to financial stability and monetary policy-making, as reported by Bloomberg on March 22.
2019-3-25 15:59 | |
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Agustin Carstens, Bank for International Settlements (BIS) general manager and a noted bitcoin critic, has said that the launch of central bank-backed crypto assets could undermine financial stability.
2019-3-24 22:15 | |
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BIS (Bank of International Settlements) General Manager, Agustin Carstens, has been at it again. This time arguing against Central Bank Digital Currencies at the Central Bank of Ireland’s Annual Whitaker Lecture.
2019-3-24 18:00 | |
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“Bitcoin is a bubble, a Ponzi scheme, and an environmental disaster. ” If you're a crypto enthusiast, then you must be aware of the words. The critical words about bitcoin were made some time back by Agustin Carstens, general manager at the bank for International Settlements.
2019-3-23 04:58 | |
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The manager of the Bank of International Settlements (BIS) has voiced opposition to the initiatives proposed by JP Morgan and other banks to issue their own digital currencies, which borrow from the design of crypto, whilst omitting its truly liberating features.
2019-3-23 00:00 | |
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Virtual coins are not currencies but a piece of art for those who like cryptography, the head of Bank of International Settlement explained during a speech in the US.
2018-11-2 18:30 | |
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The Bank for International Settlements is not a fan of cryptocurrencies, and it hasn’t shied away from expressing its view. Having released a scathing report on why cryptos are a poor substitute for the institutional backing of money less than two weeks ago, the bank’s general manager was at it again, this time calling cryptos […]
2018-7-7 23:00 | |
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The General Manager of the Bank of International Settlements (BIS) expressed a dystopian ending for cryptocurrencies — arguing that “creating money from nothing” has “never worked." The post BIS Chief on Cryptocurrency: “Stop Trying to Create Money” appeared first on CryptoSlate.
2018-7-7 05:00 | |
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Blockchain may have useful applications in other sectors but making money is not one of them, according to the Bank of International Settlement General manager Agustín Carstens.
2018-7-5 20:10 | |
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The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster.
2018-7-5 17:00 | |
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The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons
2018-7-5 16:55 | |
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They are also actively testing the distributed ledger technology underlying cryptocurrencies – not as a substitute for the current system, but to build on it.” The BIS general manager concludes that “Even in this digital age, trust in the issuing institution matters and will continue to underpin currencies. Central banks, for their part, will have
2018-6-17 00:21 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Центральный банк Израиля (BOI) сообщил, что начинает эксперимент по выпуску цифрового шекеля — при помощи созданного вместе с центробанком Великобритании сервиса Rosalind.
The introduction of central bank digital currencies could have major implications on the stability, the report said.
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion.
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements said.