{"id":107226,"date":"2020-05-18T00:03:07","date_gmt":"2020-05-18T07:03:07","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/05\/what-is-chinas-cryptocurrency-alternative-sovereign-digital-currency"},"modified":"2020-05-18T00:03:07","modified_gmt":"2020-05-18T07:03:07","slug":"what-is-chinas-cryptocurrency-alternative-sovereign-digital-currency","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/05\/what-is-chinas-cryptocurrency-alternative-sovereign-digital-currency","title":{"rendered":"What is China\u2019s cryptocurrency alternative sovereign digital currency?"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/what-is-chinas-cryptocurrency-alternative-sovereign-digital-currency2.jpg\"><\/a><\/p>\n<p>Many economists, however, are sceptical whether the impact of the digital yuan would significantly spread beyond its borders without official reforms to relax the yuan\u2019s exchange rate convertibility.<\/p>\n<hr>\n<p>China\u2019s sovereign digital currency could be launched later this year, with the likes of Alibaba\u2019s Alipay and Tencent\u2019s WeChat Pay already popular payment methods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many economists, however, are sceptical whether the impact of the digital yuan would significantly spread beyond its borders without official reforms to relax the yuan\u2019s exchange rate convertibility. China\u2019s sovereign digital currency could be launched later this year, with the likes of Alibaba\u2019s Alipay and Tencent\u2019s WeChat Pay already popular payment methods.<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1761],"tags":[],"class_list":["post-107226","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/107226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=107226"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/107226\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=107226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=107226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=107226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}