‘Stop Trying to Create Money!’: BIS Chief Carstens on Cryptocurrency

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“Those crazy kids and their bitcoins, when will they ever learn?” No, that’s not a direct quote, but it more or less sums up international banking chief Agustín Carstens’ thoughts on cryptocurrency, both as a technological development and an economic pursuit. Carstens, the newly-christened general manager of the Bank for International Settlements (BIS) — the

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