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US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities

US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities


Bitcoin.com
2022-02-08 03:00:30

A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing with ‘first mover’ advantages,” the senator informed Treasury Secretary Janet Yellen. U.S. Senator Warns About the Threat From China’s Central Bank Digital Currency […]


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