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China warns of fake digital currency wallets fleecing netizens

ID: 5dd2ca69-28b4-5e9e-820c-d255566ec6fa

STIX ID: report--5dd2ca69-28b4-5e9e-820c-d255566ec6fa

Feed Name: The Register (Security)

Date Published: 2024-02-27

Date Updated: 2026-04-26

Author: Simon Sharwood

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China’s MIIT warns that fake e-CNY (digital yuan) wallet apps are being used by scammers leveraging patriotic themes, get‑rich‑quick pitches, and bogus customer‑service groups to steal personal data and money. The advisory urges users to install apps only via official channels and be cautious with QR codes and unfamiliar sites, noting the added risk from China’s many Android app stores. Authorities are expected to pressure app marketplaces to curb malicious software as part of broader efforts to secure and promote the digital yuan.

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