Chinese Regime Pushing Digital Currency for Mass Surveillance, Experts Say

Chinese Regime Pushing Digital Currency for Mass Surveillance, Experts Say
A sign for China's new digital currency, electronic Chinese yuan (e-CNY) is displayed at a shopping mall in Shanghai on March 8, 2021. STR/AFP via Getty Images
Jennifer Bateman
Updated:
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The Chinese Communist Party (CCP) recently launched a new round of campaigns promoting its Central Bank digital currency, the digital renminbi, to further increase its use among the general public.

Experts warn that a digital, highly centralized version of the renminbi could further enhance the regime’s control over the Chinese citizens.