China Turns Crypto into a Weapon of Statecraft: Digital Yuan at the Frontlines
A Chinese state journal argues digital assets like the Digital Yuan are crucial tools for financial mobilization and geopolitical power.Summary
A study published in China's Central Party School journal asserts that digital assets, including cryptocurrencies and CBDCs like the Digital Yuan, are now weapons of statecraft essential for "financial mobilization" in modern warfare and finance. This framework views blockchain as a "digital logistics front" enabling Beijing to sustain liquidity and fund defense industries independent of US sanctions or the SWIFT network. The article highlights China's mBridge project as an effort to build parallel financial infrastructure, contrasting with Western efforts to limit crypto's militarization. Furthermore, the text notes that digital finance is a dual-use technology, used by sanctioned entities for illicit finance while simultaneously being viewed by theorists as a non-lethal form of power projection for national resilience.
(Source：BeInCrypto)