China’s Digital Currency | Yaya J. Fanusie

State of the World

Yaya J. Fanusie, Adjunct Senior Fellow at the Center for a New American security discusses the launch of China’s new digital Yuan. He sits down with Amanda Jolly to talk about China’s new national digital currency - what it is, how it works, and what implications it may have for financial security and privacy in China and around the world. Will China’s digital currency model set the template for all national digital currencies going forward? Should the U.S. launch its own? How can we harness the power of digital currency while safeguarding citizens and businesses from digital authoritarianism?

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