‘Huge’ tech threat allegation has been levelled against China by UK spy chief. Britain’s GCHQ spy agency chief claims that “China is exploiting its tech dominance.” The UK spy chief is concerned that China’s “technical manipulation” could pose a threat to global security. China has sharply responded to the allegations by Britain’s top spy. Beijing has accused the UK of ‘fanning baseless theories against the Chinese government’. The UK’s top cyber spy’s comments come as China is in the process of launching its “Digital Yuan”, which is a state-sponsored virtual currency. The “Digital Yuan” raises fears that authoritarian countries could use digital currency to increase surveillance and control, says the UK’s top spy. Watch this report for more information.