CBDCs ‘Central’ to Innovating Financial Systems: BIS Chief Agustín Carstens

“Whether in wholesale form – as a type of digital central bank reserve – or retail form – as a digital banknote – it is increasingly clear, at least to me, that these new forms of money will sit at the core of the future financial system,” Carstens said in a speech at a conference on CBDCs in Basel, Switzerland on Wednesday.