China Warns Overseas Telecom Companies Against Misusing New Technologies

China is cautioning foreign-based telecom companies against utilizing "new technologies" such as digital assets, blockchain, artificial intelligence (AI), and the metaverse for malicious purposes. The Chinese Central Political and Legal Committee revealed that entities operating from outside China have been using deceptive tactics, like posing as attractive job opportunities to recruit unsuspecting victims.
The committee emphasized that fraud groups continuously update their criminal tools using technologies like blockchain, metaverse, virtual currency, and AI, making their activities more concealed and confusing. To address this issue, the committee calls for collaboration among public security, finance, telecommunications, and internet departments, employing advanced technical means to fulfill their supervisory
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