Central banks essential to preserve trust in money – Carstens

Agustín Carstens
Agustín Carstens
Photo: Bank of Mexico

As technological evolution transforms the financial landscape, central banks play an essential role in preserving trust in money, said Agustín Carstens in a speech on January 18.

The general manager of the Bank for International Settlements acknowledged the innovations fostered by the private sector, including new financial platforms, instant payment technologies and stablecoins.

Nonetheless, throughout history central banks have proven to be the necessary institutions to safeguard trust in

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com 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

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