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Crypto doesn’t make for trusted money: BIS Chief Says

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The argument that crypto is an alternative to fiat currency has been settled following last year’s turmoil in the digital-asset sector, according to Agustin Carstens, the head of the Bank for International Settlements. 
“That battle has been won,” Carstens said in a Bloomberg TV interview on Wednesday. “A technology doesn’t make for trusted money.”

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