{"id":7581,"date":"2021-04-29T03:25:09","date_gmt":"2021-04-29T03:25:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=7581"},"modified":"2021-04-29T03:25:09","modified_gmt":"2021-04-29T03:25:09","slug":"china-digital-currency-feds-powell-says-beijings-approach-would-not-work-in-ussouth-china-morning-post","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=7581","title":{"rendered":"China digital currency: Fed\u2019s Powell says Beijing\u2019s approach would not work in USSouth China Morning Post"},"content":{"rendered":"<p>Source: South China Morning PostChina\u2019s rapid development of a digital version of the yuan will not push the Federal Reserve to rush its own digital currency project, Federal Reserve Chair Jerome Powell said on Wednesday, adding that China\u2019s approach would not work in the United States.Powell, in remarks following the Fed\u2019s latest policy meeting, emphasised the Fed\u2019s primary goal is not speed to market but rather avoiding any calamitous misstep in executing digitalisation of the dollar, which remains the world\u2019s dominant\u2026<a href=\"https:\/\/www.scmp.com\/tech\/tech-war\/article\/3131537\/china-digital-currency-feds-powell-says-beijings-approach-would-not\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostChina\u2019s rapid development of a digital version of the yuan will not push the Federal Reserve to rush its own digital currency project, Federal Reserve Chair&hellip; <\/p>\n","protected":false},"author":0,"featured_media":7582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/7581"}],"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=7581"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/7581\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/7582"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7581"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}