Chinese ministry uncovers fake Digital Yuan App – Here’s what you need to know
Amid the rapid development of digital currencies, the Chinese Ministry of Industry and Information Technology (MIIT) has issued a stark warning regarding the proliferation of counterfeit digital yuan applications. These fraudulent apps, masquerading as legitimate platforms for China’s central bank digital currency (CBDC), aim to deceive users and potentially compromise their financial security. The MIIT’s […]
