Title: Chinese Gang Arrested for Exploiting Digital Yuan
Post by: Bitcoin on Jun 15, 2024, 01:06 pm
Post by: Bitcoin on Jun 15, 2024, 01:06 pm
Chinese Gang Arrested for Exploiting Digital Yuan
In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. The digital yuan, or e-CNY, is the People’s Bank of China's (PBOC) central bank digital currency (CBDC), which has experienced substantial growth in usage. Adoption has reached 260 million wallets across 25 cities, […]
Source: Chinese Gang Arrested for Exploiting Digital Yuan (https://news.bitcoin.com/chinese-gang-arrested-for-exploiting-digital-yuan/)
In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. The digital yuan, or e-CNY, is the People’s Bank of China's (PBOC) central bank digital currency (CBDC), which has experienced substantial growth in usage. Adoption has reached 260 million wallets across 25 cities, […]Source: Chinese Gang Arrested for Exploiting Digital Yuan (https://news.bitcoin.com/chinese-gang-arrested-for-exploiting-digital-yuan/)