Central Bank: All those who issue digital currencies in the name of the central bank are fraud groups

Central Bank: All those who issue digital currencies in the name of the central bank are fraud groups

According to China.com, the Monetary Gold and Silver Bureau of the central bank issued a risk warning on its official website, saying that some companies have impersonated the central bank and labeled related digital products as "authorized to be issued by the People's Bank of China" or falsely claimed to be the central bank's digital currency promotion team, deceiving the public and taking the opportunity to make huge profits.

The announcement stated that the central bank has not yet issued legal digital currency, nor has it authorized any institution or enterprise to issue legal digital currency, and has no promotion team. The so-called "digital currency" currently on the market is not a legal digital currency. The so-called "digital currency" launched by some institutions and enterprises and the so-called promotion of the central bank's issuance of digital currency may involve pyramid schemes and fraud.



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