{"id":"tp-9321","type":"article-newspaper","title":"Stablecoins and CBDCs might not be necessary to solve deficiencies in the financial system, says BIS","author":"Mark Jason Alcala","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/insights/9321","datePublished":"2021-11-01T07:29:56.000Z","dateModified":"2021-11-01T07:29:56.000Z","language":"en","abstract":"While a number of central banks worldwide are already considering the issuance of a CBDC, the BIS also questioned the need for such projects and pointed out that CBDCs present their own policy challenges for EMDE auth…","section":"Regulation","references":[{"title":"BIS","url":"https://www.bis.org/publ/work973.pdf"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}