BIS Chief Blasts Bitcoin's Viability, Prompting Blowback From Advocates
Bitcoin maximalists cried foul at the central banker's prognostications.
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Jan 27, 2021 at 9:20 p.m. UTC
Jan 27, 2021
agustin carstens
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Major Meeting of Central Banks Produces Same Old 'Evaluating' CBDCs Refrain
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Federal Reserve – do not expect to see their nations launch one soon.
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Oct 19, 2020 at 2:53 p.m. UTC
Oct 19, 2020
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BIS Chief: Central Banks May Issue Digital Currencies 'Sooner Than We Think'
The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.
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Jul 1, 2019 at 8:00 a.m. UTC
Jul 1, 2019
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Central Banks See 'No Value' in Issuing Digital Currency: BIS Chief
BIS chief Agustin Carstens has said that central banks are wary about issuing digital currencies due to the "huge operational consequences."
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Mar 25, 2019 at 10:00 a.m. UTC
Mar 25, 2019
BIS Chief to Crypto Coders: 'Stop Trying to Create Money'
Agustín Carstens, general manager of the Bank for International Settlements, made strong comments again on cryptocurrency.
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Jul 5, 2018 at 12:46 p.m. UTC
Jul 5, 2018
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Economist Roubini: 'Crypto Crazies' Are 'Cyber Terrorists'
Noted economist Nouriel Roubini resumed his criticism of cryptocurrencies on Twitter Tuesday, calling the tech's enthusiasts "crypto-crazies."
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Feb 6, 2018 at 7:00 p.m. UTC
Feb 6, 2018
BIS Chief Slams Bitcoin As Ponzi Scheme and Threat to Central Banks
The head of the Bank for International Settlements has blasted bitcoin as "a bubble," "a Ponzi scheme" and an "environmental disaster."
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Feb 6, 2018 at 4:00 p.m. UTC
Feb 6, 2018
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Mexican Law Would Give Central Bank Oversight of Cryptocurrency Startups
Mexico's government is close to introducing legislation that would regulate fintech firms, including those that work with cryptocurrencies.
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Sep 19, 2017 at 4:00 p.m. UTC
Sep 19, 2017
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Bank of Mexico Governor: Bitcoin More Commodity Than Currency
The highest-ranking official at Banco de Mexico has stated that the central bank is unlikely to classify bitcoin as a currency.
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Aug 28, 2017 at 1:30 p.m. UTC
Aug 28, 2017