{"id":135885,"date":"2025-09-05T01:00:12","date_gmt":"2025-09-05T01:00:12","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=135885"},"modified":"2025-09-05T01:00:12","modified_gmt":"2025-09-05T01:00:12","slug":"chinese-province-floats-new-use-for-digital-yuan-paying-long-delayed-debts","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=135885","title":{"rendered":"Chinese province floats new use for digital yuan: paying long-delayed debts"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina is mulling the application of its digital yuan \u2013 the central bank-backed currency also known as the e-CNY \u2013 to tackle persistent payment defaults, a move that would broaden the asset\u2019s scope beyond the set of use cases explored by Beijing since the currency\u2019s launch in 2019.<br \/>\nAuthorities in the central province of Hunan touched upon the subject when detailing plans to expand the digital currency\u2019s application scenarios and scale, according to a document published last month.<br \/>\nHunan will&#8230;<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3324361\/chinese-province-floats-new-use-digital-yuan-paying-long-delayed-debts?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 PostChina is mulling the application of its digital yuan \u2013 the central bank-backed currency also known as the e-CNY \u2013 to tackle persistent payment&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\/135885"}],"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=135885"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135885\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135885"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}