China hypes its CBDC as tariff war threatens yuan
As a way to project confidence into FX markets amid trade wars, China defended its yuan with claims that its CBDC is booming.
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As a way to project confidence into FX markets amid trade wars, China defended its yuan with claims that its CBDC is booming.
Read more (2 min) →The China CBDC scam uses 'dividends' to trick users into sharing the app while also directing them to tools capable of seizing their funds.
China's central bank keeps a record of all CBDC transactions and users file more information to make bigger e-CNY payments.