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Number of Chinese CBDC-related Criminal Cases on the Rise

Number of Chinese CBDC-related Criminal Cases on the Rise


cryptonews
2024-01-11 03:00:59

Source: blackday/Adobe China’s rapid CBDC progress is causing a rise in digital yuan-related criminal cases, including suspected fraud, identity theft, and phishing. Per the Shenzhen Securities Times, a Shanghai court this week convicted a group of criminals that exploited CBDC functions on an ATM to steal cash. A spokesperson for the People’s Court of Shanghai’s The post Number of Chinese CBDC-related Criminal Cases on the Rise appeared first on Cryptonews .


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