Digital Yuan Scammers Gathering Momentum as Token Rollout Nears

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Digital Yuan Scammers Gathering Momentum as Token Rollout Nears

Police in China are warning that digital yuan-themed scams are starting to appear in the country with more regularity – as opportunistic fraudsters attempt to trick citizens out of their money with central bank digital currency (CBDC)-themed get-rich-quick schemes.
The digital token is nearing issuance, with the latest pilot seeing thousands of citizens receive bona fide  Read more »
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