The claim of establishing a digital Yuan bank and recruiting digital Yuan promoters is a rumor.

According to a Securities Times report cited by Cailian Press, information such as "Shanghai is about to establish a digital Yuan bank" and "recruiting digital Yuan promoters" has recently appeared on multiple internet platforms. A reporter verified with the Digital Currency Research Institute of the People's Bank of China and confirmed that the above information is all rumors. The reporter's investigation found that criminals are spreading false information on the internet that "the digital Yuan bank is about to be listed," and at the same time, under the guise of "paid recruitment and promotion," they are conducting false publicity to the public by forming chat groups and organizing offline and online meetings, inducing the public to provide personal identity and asset information, and developing others to join. They also use the gimmick of "exchanging digital Yuan to return a subsidy of 2% to 5%" to lure the public into "exchanging" digital Yuan from criminals, causing a negative social impact. The digital Yuan is a legal currency in digital form, does not have room for speculation, and will not induce users to disclose sensitive personal information and participate in pyramid schemes by touting high commissions or high returns from speculating in cryptocurrencies. Digital Yuan consumption red envelopes are generally received through formal channels such as commercial banks and other financial service entities, major government service platforms, major e-commerce platforms with business qualifications, and offline stores.