BIS’s Carstens calls for cryptocurrency clampdown

Agustín Carstens: central banks “have a part to play in policing the digital frontier”

Cryptocurrencies such as bitcoin are a threat to financial stability and a conduit for illegal activities, creating a “strong case for policy intervention”, Agustín Carstens said today (February 6).

As well as posing risks to consumers and investors, the anonymity of cryptocurrencies makes them useful for tax evasion, money laundering and criminal finance, the general manager of the Bank for International Settlements told a conference at Goethe University in Frankfurt.

More fundamentally, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: