BIS Chief on Crypto: A Technology Doesn't Make for Trusted Money

The video discusses the vision for a unified programmable ledger to modernize the financial system by reducing transaction costs and increasing inclusion. It highlights the BIS's focus on stable coins and CBDCs, emphasizing the need for regulation in the crypto space to prevent systemic risks. The G20's role in shaping international financial stability and regulation is also explored.

How have recent incidents, such as the FTX incident, impacted the views of central bankers on the crypto ecosystem?

What role does the Financial Stability Board play in the regulation of cryptocurrencies at the G20?