Coinnounce
2021-06-02 09:21:26

China to hand out $6.2 million worth of digital yuan to its citizens as part of a trial.

According to the CNBC report, China will hand out 40 million renminbi ($6.2 million) of its digital currency to citizens in Beijing in a lottery. Residents of the Chinese capital can use two banking apps to apply to win one of 200,000 so-called red packets as part of the lottery, according to the Beijing Local […]

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