BIS General Director Calls for Regulation on CBDCs

Agustin Carstens, the General Director of Bank for International Settlements (BIS), made statements regarding Central Bank Digital Currencies (CBDCs) at a conference held in Switzerland today. Carstens expressed that it is unacceptable for unclear or outdated legal frameworks to hinder the use of CBDCs, and that countries’ authorized institutions should establish legal frameworks that support CBDCs.The post BIS General Director Calls for Regulation on CBDCs appeared first on COINTURK NEWS.