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Cut borrowing or face debt crisis, warns top central banker
The Telegraph via Yahoo Finance· 3 months agoAgustin Carstens, chief executive of the Bank for International Settlements, said debt piles had...
Crypto lost the battle to be an alternative to fiat money after FTX collapse, top economist says
Business Insider via Yahoo Finance· 1 year ago(Photo illustration by Jonathan Raa/NurPhoto via Getty Images) Agustin Carstens, the head of the...
2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief
CoinDesk via Yahoo Finance· 1 year agoAgustin Carstens, who has previously criticized stablecoins, said they do not benefit from the...
BIS' Carstens: too early to say how new war will impact global outlook
Reuters via Yahoo Finance· 8 months agoBank for International Settlements General Manager Agustin Carstens on Sunday said it's "too early...
Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief
CoinDesk via Yahoo Finance· 8 months agoIt is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin...
BIS head warns of threats to financial stability, rates need to stay higher
Reuters via Yahoo Finance· 1 year agoThe head of the Bank of International Settlements has warned that years of fighting economic crises...
Hong Kong's 'cutting-edge' central bank digital currency pilot burnishes blockchain credentials,...
South China Morning Post via Yahoo Finance· 3 months agoHong Kong's move to implement a wholesale central bank digital currency (wCBDC) pilot will benefit...
Crypto fears now materialising, central bank body BIS says
Reuters via Yahoo Finance· 2 years agoRecent implosions in the cryptocurrency markets indicate that long-warned-about dangers of...
Inflation fight risks central banks' credibility and autonomy, BIS warns
Reuters via Yahoo Finance· 1 year agoThe credibility and independence of central banks around the world is at risk if stubbornly-high...
Legal fog over central bank digital currencies "unacceptable", BIS warns
Reuters via Yahoo Finance· 8 months agoDeveloping national digital currencies are at risk due to a lack of legal powers to issue them in...