Central Banking
Agustin Carstens: The BIS General Manager Who Called Crypto 'A Ponzi Scheme' — and Built CBDC Infrastructure
BIS General Manager Agustin Carstens has been the most vocal senior central banker calling out crypto's fundamental flaws — while simultaneously running the world's most active institutional CBDC research and experimentation programme.
Tokenization and Monetary Policy: How Digital Assets Are Changing Central Banking
Tokenization and crypto assets are creating new monetary policy transmission challenges — from stablecoin deposit substitution to tokenized money markets, from CBDC design tradeoffs to the monetary implications of DeFi yield.