China Distributes $2.3 Million Worth of Digital Yuan to Shenzhen Citizens: Report (cryptopotato)

Originally published at: China Distributes $2.3 Million Worth of Digital Yuan to Shenzhen Citizens: Report (cryptopotato) – We Never See Nothing

The Chinese authorities will reportedly give away 15 million yuan ($2.3 million) in e-CNY to the residents of Shenzhen’s Futian district. The move aims to boost the adoption of China’s CBDC and promote the financial product among broad society. China’s Latest CBDC Efforts Unlike its hostile viewpoint on digital assets, the government of the world’s…