{"id":133088,"date":"2025-07-19T00:30:09","date_gmt":"2025-07-19T00:30:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=133088"},"modified":"2025-07-19T00:30:09","modified_gmt":"2025-07-19T00:30:09","slug":"the-world-must-rewrite-its-financial-rules-for-the-tokenised-future-bis-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=133088","title":{"rendered":"The world must rewrite its financial rules for the tokenised future: BIS"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThe worldwide financial system needs to rewrite its rules for a future of tokens, as the rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing and settlement, according to the gatekeeper of the world\u2019s central banks.<br \/>\nStablecoins, which are digital tokens backed by fiat currencies or other reserve assets, could make anti-money-laundering (AML) work and banks\u2019 task of knowing their customers more difficult because of their cross-border, pseudonymous&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3318718\/global-financial-system-must-rewrite-its-rules-tokenised-future-says-bis-adviser?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThe worldwide financial system needs to rewrite its rules for a future of tokens, as the rise of stablecoins poses new challenges to the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133088"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133088"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133088\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133088"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}