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China's central bank issues notice warning of fraud using the name of DC/EP

SOURCE / ECONOMY By Global Times Published: Mar 17, 2021 08:08 PM A vending machine in a Shanghai underground station allows customers to pay by digital yuan. Photo: Xie Jun/GT The Peoples Bank of China (PBC), the countrys central bank, and two other agencies issued a notice on Wednesday, warning investors of fraud and pyramid schemes using the name of the central bank-backed digital currency, Digital Currency Electronic Payment (DC/EP). According to the notice, some lawbreakers set up a s...
People Bank Digital Currency Electronic Payment South China Guangdong Province East China Jiangsu Province

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