Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery

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Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope LotteryChina’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.3 million) will be distributed to Chinese citizens. Beijing and China’s Central Bank Launches Digital Yuan Lottery The People’s Bank of China (PBoC) and Beijing Local […]

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