GCHQ boss: China could use Digital Yuan to swerve sanctions

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GCHQ boss: China could use Digital Yuan to swerve sanctions
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China could use Digital Yuan to swerve Russia-style sanctions

UK intelligence agency, GCHQ, boss Jeremy Fleming says China is"learning lessons" from the war in Ukraine and could make use of a centralized digital currency to partly get around the type of sanctions being imposed on Putin's Russia.in 2017, is speaking to the Royal United Services Institute think tank later today to spell out what his organization conceives of as a technological threat posed by China.to allow the state to monitor users transactions.

"Many believe that China is building a powerful anti-satellite capability, with a doctrine of denying other nations access to space in the event of a conflict. And there are fears the technology could be used to track individuals."said Huawei would launch a new BeiDou-enabled flagship smartphone – in the form of the Mate 50 – with satellite comms that consumer chief Richard Yu said would"pierce the sky.

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