The Chinese government had just begun to celebrate the nation’s digital Yuan as a secure and centralized digital payment method when the Xinmi police cracked down on the first-ever money laundering racket using China’s CBDC. The Xinmi Public Security together with the Anti-fraud Center of the Zhengzhou Public Security Bureau arrested 11 suspects in the The post Breaking: China Reports First Case of Money Laundering Using Digital Yuan appeared first on Coingape.
