{"id":122537,"date":"2021-04-25T22:30:56","date_gmt":"2021-04-25T22:30:56","guid":{"rendered":"https:\/\/precoinnews.com\/?p=122537"},"modified":"2021-04-25T22:30:56","modified_gmt":"2021-04-25T22:30:56","slug":"central-bank-digital-currencies-could-disrupt-financial-systems","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/central-bank-digital-currencies-could-disrupt-financial-systems\/","title":{"rendered":"Central bank digital currencies could disrupt financial systems"},"content":{"rendered":"<p>SINGAPORE &#8211; The rise of private payment networks and cryptocurrencies is challenging central banks&#8217; control over the flow of money within the financial system, the broader economy and across borders.<\/p>\n<p>A vast majority of central banks &#8211; including the Monetary Authority of Singapore (MAS) &#8211; are responding by exploring digital currencies of their own, noted a new survey by the Bank for International Settlements (BIS).<\/p>\n<p>Please subscribe or log in  to continue reading the full article.<\/p>\n<h4 class=\"paywall-header\">Get unlimited access to all stories at $0.99\/month<\/h4>\n<ul>\n<li>Latest headlines and exclusive stories<\/li>\n<li>In-depth analyses and award-winning multimedia content<\/li>\n<li>Get access to all with our no-contract promotional package at only $0.99\/month for the first 3 months*<\/li>\n<\/ul>\n<p>*Terms and conditions apply.<\/p>\n<p>Join ST&#8217;s Telegram channel here and get the latest breaking news delivered to you.<\/p>\n<p>Source: <a href=\"https:\/\/www.straitstimes.com\/business\/banking\/central-bank-digital-currencies-could-disrupt-financial-systems\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211; The rise of private payment<\/p>\n","protected":false},"author":3,"featured_media":122536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23051],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Central bank digital currencies could disrupt financial systems - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/business\/central-bank-digital-currencies-could-disrupt-financial-systems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central bank digital currencies could disrupt financial systems - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE &#8211; 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