Nearly two million Shenzhen residents, representing 15% of the city’s population, signed up for a chance to win 200 digital yuan (US$29.65) in the ‘red envelope’ lottery held as part of China’s central bank digital currency (CBDC) pilot. Some 50,000 participants were chosen at random to receive the digital yuan, which they can now spend […]
Read the rest of Central bank digital currency lottery attracts 2m Shenzhen residents at NFCW.