{"id":1657,"date":"2021-02-24T09:00:22","date_gmt":"2021-02-24T09:00:22","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=1657"},"modified":"2021-02-24T09:00:22","modified_gmt":"2021-02-24T09:00:22","slug":"beijing-is-exploring-digital-yuan-cross-border-payments-by-joining-with-hong-kong-thailand-uae-and-the-bank-of-international-settlements-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=1657","title":{"rendered":"Beijing is exploring digital yuan cross-border payments by joining with Hong Kong, Thailand, UAE and the Bank of International Settlements"},"content":{"rendered":"<p>Source: South China Morning PostBeijing has joined Hong Kong, Thailand and the United Arab Emirates (UAE), along with the Bank of International Settlements (BIS), to explore cross-border payments for digital currencies, a move that could potentially create a new path for China to promote the use of yuan in global payments and weaken US dollar\u2019s position as the world\u2019s dominant reserve currency.The People\u2019s Bank of China\u2019s (PBOC) Digital Currency Institute, the arm of the Chinese central bank in charge of minting the country\u2019s\u2026<a href=\"https:\/\/www.scmp.com\/tech\/policy\/article\/3122924\/beijing-exploring-digital-yuan-cross-border-payments-joining-hong-kong\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostBeijing has joined Hong Kong, Thailand and the United Arab Emirates (UAE), along with the Bank of International Settlements (BIS), to explore cross-border payments for digital&hellip; <\/p>\n","protected":false},"author":0,"featured_media":1658,"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\/1657"}],"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=1657"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/1657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/1658"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1657"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}