‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners

The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster.” Carstens: Crypto ‘Fails Dramatically’ As Money In an interview with Swiss news outlet Basler Zeitung, published June 25 with a translation on BIS’ own website […]

Continue Reading