PANews reported on April 11 that according to Cailianshe, citing Securities Times, information such as "Shanghai is about to establish a digital RMB bank" and "recruiting digital RMB promoters" has appeared on multiple Internet platforms recently. The reporter verified with the Digital Currency Research Institute of the People's Bank of China that the above information is all rumors. The reporter's investigation found that criminals spread the false news that "digital RMB banks are about to be listed" on the Internet, and at the same time, under the banner of "paid recruitment and promotion", they formed chat groups and organized offline and online meetings to conduct false propaganda to the public, inducing the public to provide personal identity and asset information, and developing others to join. They also used the gimmick of "exchanging digital RMB to return subsidies of 2% to 5%" to deceive the public to "exchange" digital RMB from criminals, causing adverse social impacts. Digital RMB is a legal currency in digital form, which does not have room for speculation, and will not induce users to disclose personal sensitive information and participate in pyramid schemes by advocating high commissions or high returns on currency speculation. Digital RMB consumption red envelopes are generally collected through formal channels such as commercial banks and other financial service entities, major government platforms, major e-commerce platforms with business qualifications, and offline stores.