Central banks poised to lead digital currency revolution as BIS advocates for CBDC development

Agustín Carstens, the General Manager of the Bank for International Settlements (BIS), has highlighted the pressing need for central banks to embrace and lead the digital transformation in the financial sector. Addressing a conference in Basel, Switzerland, Carstens identified central bank digital currencies (CBDCs) as a pivotal element in this evolutionary process. His speech underscored... source: https://www.cryptopolitan.com/bis-advocates-for-cbdc-development/