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Chinese Authority Warns of Fake Digital Yuan App Scam

  • bhoomisinghal0
  • Feb 26, 2024
  • 1 min read

The Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning about new fraudulent schemes involving counterfeit digital yuan applications. According to a recent social media post by the MIIT, these fake apps are designed to look like the official digital yuan platform, deceiving users into downloading and interacting with them by offering various “promotions.” The counterfeit app, named “Digital Yuan Test Version,” has a logo similar to the official app’s and a slightly different user interface. However, one can differentiate the forged from the authentic by checking its package name, the version, or the MD5 message-digest algorithm.


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