{"id":3461,"date":"2021-03-16T16:30:06","date_gmt":"2021-03-16T16:30:06","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=3461"},"modified":"2021-03-16T16:30:06","modified_gmt":"2021-03-16T16:30:06","slug":"china-digital-currency-us-worried-as-it-falls-behind-the-curve-in-race-for-financial-technology-innovation","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=3461","title":{"rendered":"China digital currency: US \u2018worried\u2019 as it falls \u2018behind the curve\u2019 in race for financial technology innovation"},"content":{"rendered":"<p>Source: South China Morning PostChina\u2019s rapid development of its sovereign digital currency, the so-called digital yuan, is causing the United States to worry that it could fall behind in the race for financial technology innovation, analysts said.The digital yuan is one of the most advanced central bank digital currency (CBDC) initiatives in the world, with the People\u2019s Bank of China having been conducting experiments and proceeding with tests for more than five years.And its potential success could not only mean a superior\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3125658\/china-digital-currency-us-worried-it-falls-behind-curve-race\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostChina\u2019s rapid development of its sovereign digital currency, the so-called digital yuan, is causing the United States to worry that it could fall behind in the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":3462,"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\/3461"}],"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=3461"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/3461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/3462"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3461"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}