Peterson Institute for International Economics: China Gives Up on State-backed Digital Cash - The US and Europe Should Take Note -for Different Reasons
February 11, 2026
February 11, 2026
WASHINGTON, Feb. 11 -- The Peterson Institute for International Economics issued the following commentary on Feb. 10, 2026, by senior research staffer Martin Chorzempa:
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China gives up on state-backed digital cash: The US and Europe should take note--for different reasons
China's central bank recently made a major redesign for its e-CNY, a state-backed digital currency. Kevin Warsh, President Donald Trump's nominee to chair the Federal Reserv . . .
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China gives up on state-backed digital cash: The US and Europe should take note--for different reasons
China's central bank recently made a major redesign for its e-CNY, a state-backed digital currency. Kevin Warsh, President Donald Trump's nominee to chair the Federal Reserv . . .