Bank for International Settlements Exec Shows New Fondness for CBDCs By Cointelegraph


Bank for International Settlements Exec Shows New Fondness for CBDCs

General manager at the Bank for International Settlements (BIS) Agustin Carstens seems to have changed his negative stance towards central bank digital currencies (CBDCs), now stating that such currencies could open up new possibilities.

In his speech entitled “The future of money and the payment system: what role for central banks?” published on Dec. 5, Carstens dug into central banks’ approach to emerging technologies in regards to building more efficient and inclusive financial systems.

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