Chinese city to host digital currency lottery as part of DCEP trial
Officials in L.uohu District, Shenzhen, are set to give out as much as 10 million yuan ($1.49 million USD) to local residents in the form of China’s long-in-the-making digital currency for a week-long trial run. The lottery attempts to promote demand for the new digital yuan. Dan Wang, the chief economist at Hang Seng Bank […]
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