The head of British Intelligence will warn that China is taking the lessons of the Russian and Ukraine War and may use centralized digital currency to avoidFuture sanctions.NotSPAN> According to Bloomberg, the British Intelligence Organization Government Communication Headquarters (GCHQ) head of Fleming It will be proposed in a London speech on Tuesday (October 11) that China is using its "financial and scientific strength" to manipulate strategic importance technology.Taking this as a means to control enterprises and the public.He will use Chinese currency as an example to illustrate this compulsory behavior.NotSpan> Fleming will explain , digital currency "has introduced efficiency and novel settlement methods, but the implementation method can monitor citizens and force enterprises to use this service. In the future, this may also allow ChinaInternational sanctions. "

China is the leader of the central bank's digital currency in the world. It is currently conducting digital RMB pilots in large cities such as Beijing and Shanghai.The People's Bank of China said in July this year will fully respect privacy and personal information protection.Not According to the latest data from the International Clearance Bank (BIS), the RMB accounts for 4%in the global foreign exchange market, while the US dollar is 88%.