According to @PANewsCN, Beijing police arrested 15 suspects, dismantled eight counterfeiting sites, and seized over RMB 2.5 million in fake banknotes after tracing a suspicious transaction involving a counterfeit banknote master image, as reported by CCTV News. The group—all born after 2000, including minors—learned counterfeiting techniques via overseas software, used printers to produce counterfeit RMB, and accepted payment via virtual currency, per CCTV News. This enforcement aligns with China’s policy that virtual-currency-related business activities and payment services are illegal in mainland China, as stated in the September 24, 2021 joint notice by the People’s Bank of China and nine other agencies, which also targets overseas platforms serving residents in China, per the PBoC joint notice.