Shenzhen xIE7dG

China Distributes $2.3 Million Worth of Digital Yuan to Shenzhen Citizens: Report

The Chinese authorities will reportedly give away 15 million yuan ($2.3 million) in e-CNY to the residents of Shenzhen’s Futian district. The move aims to boost the adoption of China’s CBDC and promote the financial product among broad society.
China’s Latest CBDC Efforts
Unlike its hostile viewpoint on digital assets, the government of the world’s most populous country has an entirely different stance on central bank digital currencies (CBDC). Over the past year, the authorities launched several initiatives to popularize the digital representation of its national currency.
According to coverage by Global Times, the latest such move includes the distribution of over $2 million worth of digital yuan to residents of Futian (the central business district of China’s third-largest city – Shenzhen).
The e-CNY will be separated into 130,000 red packets and will be given away on a lottery method using WeChat payment. Residents can join the raffle by registering at the latter’s ap

Czytaj więcej

We współpracy z:

Dodaj komentarz

Podobne Wpisy