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What You Need To Know About Crypto and National Security

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China's Digital Currency Strategy and Global Implications

This chapter explores China's efforts to export its central bank digital currency (CBDC) framework and create a cross-border payment system that could challenge traditional Western financial structures. It contrasts China's proactive approach with the U.S.'s more reserved stance on digital currencies, examining potential impacts on global trade and national security amid geopolitical tensions. Additionally, the chapter highlights the significance of cybersecurity, economic interdependence, and the evolving role of Bitcoin in shaping national economic strategies.

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