Digital Yuan Scammers Gathering Momentum as Token Rollout Nears


Police in China are warning that digital yuan-themed scams are starting to appear in the country with more regularity – as opportunistic fraudsters attempt to trick citizens out of their money with central bank digital currency (CBDC)-themed get-rich-quick schemes. The digital token is nearing...

BIS and SWIFT Intensify Race With Crypto For Cross-Border Payments


Major players of the traditional financial industry are looking for new ways how to keep their positions, threatened by the emerging cryptoasset and decentralized finance (DeFi) industries. The Bank for International Settlements’ Innovation Hub (BISIH) and the Society for Worldwide Interbank...

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