BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings
BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected…
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Agustín Carstens
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BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements
The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public…
South Korea CBDC pilot launching in 2024 with over 100,000 participants
The Bank of Korea will begin its retail CBDC pilot in 2024, testing use cases like payments for…
BIS urges central banks to move fast on CBDC as Visa stablecoin threat looms
The Bank for International Settlements general manager and the governor of South Korea’s central bank talked about the…
BIS General Manager Agustin Carstens Touts Tokenization as Part of the Future Financial System
Agustin Carstens, general manager of the Bank for International Settlements (BIS), has discussed tokenization’s significance in modernizing the…
BIS chief says wholesale CBDCs are coming ‘really soon’
Wholesale CBDCs don’t have the many complexities, risks, and complications of retail CBDCs and should launch in a…
BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’
In a Wednesday speech in Basel, Switzerland, Bank for International Settlements (BIS) chief Agustín Carstens argued that central…
BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’
While 93% of central banks are exploring CBDCs, over 80% of legal frameworks bar the rollout of these…
BIS Head Bemoans Crypto and Stablecoins as Phony Money
Agustín Carstens argued that cryptocurrencies do not meet the standards expected of money. Continue reading at DailyCoin. …
BIS Chief Urges Countries to Establish Legal Frameworks for CBDCs
Coinspeaker BIS Chief Urges Countries to Establish Legal Frameworks for CBDCs Agustin Carstens, the General Manager of the…