Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency

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Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital CurrencyThe Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no minimum purchase required. Digital Yuan Pilot Continues China’s central bank, the People’s Bank of China (PBOC), continues to test its central […]

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