China’s new digital currency is a Trojan horse “disguised as a payment mechanism,” says Erik Bethel, a global finance professional who served as the U.S. representative to the World Bank. “There are a lot of ways that the Chinese government could use this as an instrument of surveillance, tying it to their social credit score,…

Commentary Beijing takes the lead in central bank digital currencies (CBDC) and the new era of expanding monetary and currency control around the world. Leave it to the world’s largest slave state to roll out the first national digital currency. Leveraging the global attention of the upcoming Winter Olympic Games in Beijing, the People’s Bank…

The Chinese regime is planning to promote its newly-developed digital yuan at the upcoming Beijing Winter Olympics. Experts have warned the digital currency could threaten the hegemony of the U.S. dollar in the future. The Winter Olympics is several weeks away. The Chinese regime’s official news agency Xinhua said earlier this month the digital yuan…

Commentary This is the second of a two-part article articulating the risks of CCP China’s new digital yuan, the e-CNY. Part I details the risk to people and businesses in CCP China. This Part II addresses the geopolitical and geostrategic risks of the digital yuan to other nations and Western-style democracies.   The power the…

Commentary This is the first of a two-part article articulating the risks of CCP China’s new digital yuan, the e-CNY.   Part I details the risks to people and businesses in CCP China. Part II addresses the geopolitical and geostrategic risks of the digital yuan to other nations and Western-style democracies.      GCHQ, the UK’s…

Beijing is pushing a unique financial campaign: urging Chinese citizens and businesses to start using digital currency across the nation. And once that’s done, it has plans to promote that digital currency worldwide, eventually looking to achieve international use. But why go through all the trouble? It may be part of Beijing’s long game to…

The communist regime in China is going to use its new state-controlled digital currency as a Trojan horse to project its authoritarianism all over the world, warned hedge fund manager Kyle Bass, and it could become a “cancer” plaguing the United States if it is not banned, he said. “Imagine a currency that almost has…

The communist regime in China is going to use its new state-controlled digital currency as a Trojan horse to project its authoritarianism all over the world, warned hedge fund manager Kyle Bass, and it could become a “cancer” plaguing the United States if it is not banned, he said. “Imagine a currency that almost has…

In this special report, we discuss China’s ambition to dominate the global monetary system. The Chinese regime is speeding up its plans for digital currency… Wang Xin ,Director of People’s Bank of China Research Bureau said, “The Digital Renminbi is being tested in many regions in China.” Building a cross-border payment system to push the…

In this special report, we discuss China’s ambition to dominate the global monetary system. The Chinese regime is speeding up its plans for digital currency… Wang Xin ,Director of People’s Bank of China Research Bureau said, “The Digital Renminbi is being tested in many regions in China.” Building a cross-border payment system to push the…