Number of Chinese CBDC-related Criminal Cases on the Rise

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 .