Financial Warfare: China’s Plan to Build a New Currency | JHS Ep. 863

Treasury’s War author Juan Zarate joins us to discuss how the US wields its financial power against rogue states and global crime syndicates. Subscribe to the podcast: Full show notes can be found here: What We Discuss with Juan: 0:00 - Defining financial warfare 2:26 - Deep analysis on sanctions 9:38 - How North Korea weaponizes cryptocurrency 19:59 - Sanctioning Russia logistics 35:05 - How criminals try to circumvent sanctions 45:30 - The SWIFT system (Society for Worldwide Interbank Financial Telecommunications) 1:04:08 - Financial crime red flags 1:13:36 - How crypto can make crime easier The US Treasury Department spent years resisting integration with the country’s intelligence apparatus. Now, its extended powers are integral to our national defense against independent, organized, and state-sponsored criminal activity — including t*rrorism, nuclear proliferation, and the regimes in I