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Science and Technology Daily: Be wary of criminals acquiring digital yuan wallets to carry out illegal activities such as telecommunications fraud.

2025-12-21 03:31

According to an article in Science and Technology Daily titled "Digital RMB Applications Accelerate, Beware of These Scams," Liu Xiaochun, director of the Shanghai Financial Digitalization Research Center, revealed that some criminals are using instant messaging tools and other channels to spread information about purchasing digital RMB wallets with the lure of high returns. They then use these acquired digital RMB wallets to commit telecommunications fraud, money laundering, and other illegal activities. Other criminals are designing fake activity pages to steal personal information and funds. Dong Ximiao, deputy director of the Shanghai Financial and Development Laboratory, pointed out that the key to preventing digital RMB fraud lies in recognizing its ordinary nature as legal tender, eliminating any greed for "quick money," and protecting wallet passwords and verification codes as carefully as physical cash.