Agustin Carstens, general manager of the Bank for International Settlements, said that Bitcoin is ultimately a risky investment, but that CBDCs are better.
Central bank digital currencies can help create a more inclusive financial system, says the innovation chief at the Bank for International Settlements.
The Federal Reserve's "wait and see" approach to digital currency could deprive the U.S. of important new fiscal and monetary tools as its rivals move ahead.
An in depth analysis of China's digital yuan project reveals more similarities to crypto than you might think. Upshot: seismic disruption to the financial system.