Chinese Local Government Warns of Digital Yuan Fraud

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Chinese Local Government Warns of Digital Yuan Fraud

China is expected to be the world’s first major economy to roll out a CBDC. The digital yuan has been used for $9.7 billion worth of transactions, Mu Changchun, the head of the digital currency research institute at the People’s Bank of China, said on Nov. 3. www.coindesk.com


China is expected to be the world’s first major economy to roll out a CBDC. The digital yuan has been used for $9.7 billion worth of transactions, Mu Changchun, the head of the digital currency research institute at the People’s Bank of China, said on Nov. 3.



www.coindesk.com