🔥 Shenzhen sounds the alarm: stablecoins are a new wrapper for old schemes
Chinese authorities are warning again: behind the shiny facade of crypto assets, banal scammers are increasingly hiding. The financial regulator of Shenzhen has reported a surge in scams masked by fashionable terms like "stablecoin" and "virtual assets".
In reality — a pyramid scheme, gambling, or plain money laundering. And as usual: the trusting investor is left without money, while the organizers remain unpunished.
⚠️ Especially actively, fraudsters prey on hype and people's ignorance. "Invest in the future! Support the new economy!" — but in fact… it’s the same old story.
Interestingly, this warning came just after major Chinese IT giants suddenly began promoting stablecoins based on the yuan. Coincidence?
👀 Meanwhile, in Japan, digital bank Minna, together with Solana Foundation and Fireblocks, is exploring the potential of stablecoins. The hype is just gaining momentum.
💬 Don't let yourself be fooled! Crypto is not a casino, and scammers are not visionaries.