https://www.ft.com/content/7dbc173e-6993-4966-9493-03c99e03befd


Crypto, but government crypto — with Agustín Carstens

PublishedNovember 18 2025

In a recent episode of the Economics Show, Martin Wolf sat down with Agustín Carstens, the general manager of the Bank for International Settlements. They delved into various aspects of cryptocurrencies and digital currencies, discussing the potential benefits and risks associated with the rise of central bank digital currencies (CBDCs).

  • Why hasn’t the seemingly logical transition to CBDCs, offering access to completely secure money, taken place?
  • Exploring the increased resilience of emerging markets
  • The significance of defending central banks

To watch the full interview between Martin and Carstens, it is available here. Additionally, you can access the transcript of the discussion. Your insights and opinions on this subject matter are encouraged and can be shared in the FTAV comment box.