Shenzhen Issues Urgent Warning: Beware Of Stablecoin Scams As Crypto Interest Soars

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Shenzhen authorities have issued a stark warning against stablecoin investment scams, as public interest in digital assets, particularly yuan-pegged stablecoins, continues to grow. The alert comes amidst a rising trend of fraudulent activities exploiting the burgeoning interest in cryptocurrencies, urging citizens to exercise extreme caution and report suspicious schemes.

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