UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions

in hive-160342 •  3 years ago 

image.png

The chief of the Government Communications Headquarters (GCHQ), one of the big three intelligence agencies in the U.K., has raised concerns regarding China and its digital renminbi. Sir Jeremy Fleming stated that the already existent Chinese CBDC could be used to collect information from users and, hypothetically, to control and filter global transactions.

You can read more of this news below;
UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!