What Will Be the Impact of China’s State-Sponsored Digital Currency? - Carnegie Endowment for International Peace

What Will Be the Impact of China’s State-Sponsored Digital Currency? - Carnegie Endowment for International Peace: China’s new digital currency, the e-CNY, could give Beijing valuable information about financial transactions and be used by Chinese firms to sidestep U.S. sanctions. But in order for it to meet lofty ambitions, there are some tricky structural questions that must be worked out first.