BIS: Speech by Agustin Carstens: Money in the digital age: what role for central banks?
06 Feb 2018 (UPDATED: 13 Mar 2026)
International
1 min read
This speech, given on 6 February 2018, considers asks whether new technology fundamentally alters the advantages of central banks being the ultimate issuer. He concludes: "central banks and financial authorities should pay special attention to ... the ties linking cryptocurrencies to real currencies, to ensure that the relationship is not parasitic …. And to the level playing field principle. This means 'same risk, same regulation'. And no exceptions allowed".
For more information