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.
Agustin Carstens really doesn’t want anything to upset the status quo. You know, the one in which he’s the head of Bank for International Settlements – the central bank of central banks. It’s also an organization that makes a fortune if there isn’t an easy and cheap way to make international payments. You know, like, for example, cryptocurrency.