Digital Yuan is a risk to sovereignty of US and free world because it’s a closed loop system with Panopticon like monitoring Beijing. It’s also rivalrous with other stablecoins Digital Euro is designed to be more anodyne and not even crowd out private stablecoins.
Matthew Pines
Matthew Pines31.7.2025
The WH Digital Assets report declares “Retail CBDC efforts, both domestically and **abroad**” as a risk to the “sovereignty of the United States” and calls out both China and ECB CBDCs. It calls for an examination of “the extent to which U.S. federal agencies (including the Banking Agencies) and ***relevant international financial institutions** have engaged in CBDC research or pilot programs contrary to the policies set forth in Executive Order No. 1417.” This is more significant than I first realized, given IMF, World Bank, and BIS related work on CBDCs.
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