A recent article by Politico shed light on how defence lobbyists are increasingly concentrating their efforts on EU officials and policy-makers (Wheaton & Bayer, 2023). While lobbying activities have traditionally interested Member States, defence and security integration at the European level has progressively drawn the attention of both European and American defence companies (Wheaton & Bayer, 2023).
This Info Flash outlines the digitalization of China’s currency in 2021, opening the question of if the United States and the EU would respond to this shift with their own digital currencies. As a result, both the EU and the US are designing, debating and experimenting with their own versions of a central bank digital currency. Few discussions exist concerning the potential impacts on national defence industries within Europe, and as a result, there is a need to understand what potential consequences and benefits the digital currency transition could bring to the defence sector.