Carstens joins a chorus of well-known personalities issuing warnings about bitcoin after its value rose more than 10-fold this year. Photo: ReutersMexico City: Agustin Carstens, who assumes leadership on Friday of the Bank for International Settlements (BIS), will make digital currencies and financial technology two of his top priorities. Bitcoin soared above $11,000 this week, before dropping back below $10,000. Carstens joins a chorus of well-known personalities issuing warnings about bitcoin after its value rose more than 10-fold this year. Carstens will become general manager at the BIS, replacing Jaime Caruana, who served in the role since April 2009.

Source: Mint December 01, 2017 13:30 UTC