{"id":18645,"date":"2021-08-19T08:30:18","date_gmt":"2021-08-19T08:30:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=18645"},"modified":"2021-08-19T08:30:18","modified_gmt":"2021-08-19T08:30:18","slug":"china-digital-currency-e-yuan-will-reinforce-banks-competitive-edge-in-payments-moodys-says-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=18645","title":{"rendered":"China digital currency: e-yuan will \u2018reinforce\u2019 banks\u2019 competitive edge in payments, Moody\u2019s says"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s digital yuan will help banks become more competitive in the payments sector after steadily losing out to popular technology platforms over the years, according to Moody\u2019s Investors Service.\u201cWe expect adoption of [China\u2019s digital yuan] to help reinforce banks\u2019 position in the payments system because it will enhance their data collection ability and broaden their user bases,\u201d analysts led by Zedric Cheung said in a report on Thursday.China is already a largely cashless society, thanks to\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3145603\/china-digital-currency-e-yuan-will-reinforce-banks?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostChina\u2019s digital yuan will help banks become more competitive in the payments sector after steadily losing out to popular technology platforms over the years,&hellip; <\/p>\n","protected":false},"author":0,"featured_media":18646,"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\/18645"}],"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=18645"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/18645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/18646"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18645"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}