![bsn-architect-red-date-to-launch-nft-infrastructure-in-china](https://cryptotoptrends.com/wp-content/uploads/2021/10/bsn-architect-red-date-to-launch-nft-infrastructure-in-china-678x381.jpg)
The use of CBDC to commit fraud undercuts the narrative that digital currencies issued by nation states will be a better, less-prone-to-fraud alternative to crypto. That this is happening in security-conscious China, which has severely cracked down on crypto is bound to engender a certain about of schadenfreude amongst crypto advocates.
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