BIS Chief Urges Trust in Central Banks

BIS Chief Urges Trust in Central Banks

Key Takeaways The general manager of the Bank for International Settlements, Agustín Carstens, has said that the soul of money is trust. According to him, this trust can never be outsourced and... Read more »
IMF Chief Economist Says 'Regulation Is Absolutely Important' for Crypto Sector

IMF Chief Economist Says ‘Regulation Is Absolutely Important’ for Crypto Sector

The chief economist at the International Monetary Fund (IMF) says that regulation is “absolutely important” for the crypto sector. She added that banning cryptocurrencies, like what India could be considering doing, would... Read more »
IMF chief economist calls for global policy on cryptocurrency

IMF chief economist calls for global policy on cryptocurrency

Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate cryptocurrency, instead of banning it. Pitching for... Read more »
Bank of England chief expresses concern over El Salvador's Bitcoin experiment

Bank of England chief expresses concern over El Salvador’s Bitcoin experiment

Speaking at the Cambridge University students union on Thursday, Bank of England Chief Andrew Bailey expressed worry for the citizens of El Salvador following the country’s adoption of Bitcoin as legal tender.... Read more »