Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging. (Read More)
from Blockchain News https://Blockchain.News/news/us-national-security-at-risk-due-to-china’s-dominance-in-mobile-paymentssays-former-state-department-official