China hands out $3m of digital yuan as JD.com becomes first online platform to accept it
A total of 20m yuan ($3m) will be up for grabs in a lottery. Winners will receive a so-called “red packet” via an app containing a...
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China’s Shenzhen giving away millions in sovereign digital yuan to test technology and boost consumption
The digital yuan, known officially as the Digital Currency Electronic Payment (DCEP), is part of China’s plan to move towards a cashless...
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