HFX is the Danger
In late November 2020, the Halifax International Security Forum (HFX), published what they term as a “handbook about China for democracies” . It is claimed to be “perhaps the first comprehensive compendium of vital information about the very serious and urgent test that now confronts the world’s democracies*, or more simply, “Beijing is not our friend”.
There is increasing activity, both discussion and actions, in relation to the establishment and use of crypto-currencies (DCs), both central bank and private DCs. The research discussion (and action) has significantly been within the central banking fraternity (including BIS), banking sector research departments, and more widely via private sector interests, companies, consultants, and some think tanks. The activity will continue to accelerate.