China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals
China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes...
Beijing and Suzhou Railways Now Accept Digital Yuan Payments for Ride Fares
Beijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as...
Shanghai to Hand Out $3 Million in Digital Yuan Lottery
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among...
Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery
China’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...