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cryptonews 2023-06-13 06:00:00

Chinese Police Warn of a Rise in Digital Yuan-themed Scams

Chinese police have warned there has been an increase in digital yuan-themed scams, as the nation’s CBDC rollout gathers pace. Per the state-run news outlet CCTV (via Xinhua), officers in Shandong Province claimed they had seen a rise in digital yuan-themed “fraud.” They said one recent scam had ensnared “tens of thousands of people.” Officers said that “some criminal suspects” have “seen opportunities” to strike amid e-CNY adoption drives.... Read More: Chinese Police Warn of a Rise in Digital Yuan-themed Scams

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