The People’s Bank of China Digital Currency Research Institute has denied claims circulating online about the launch of a “Digital Yuan Bank” and related recruitment efforts, according to a report by The Securities Times published on April 11
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PBOC Warns Public Against Fake Digital Yuan Investment Scams
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The People's Bank of China (PBOC), through its Digital Currency Research Institute, denied online claims about a so-called "Digital Yuan Bank" and associated recruitment efforts, stating these are unrelated to any official initiative
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