Shenzhen Launches Pilot Program To Promote Digital Yuan With A Public Giveaway

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Shenzhen Launches Pilot Program To Promote Digital Yuan With A Public Giveaway October 13, 2020 Shenzhen Launches Pilot Program To Promote Digital Yuan With A Public Giveaway October 13, 2020 Shenzhen , the major Chinese city, has launched a pilot program to promote the digital yuan with a public giveaway. It has been reported that in collaboration with the countryࢀ™s central bank, Shenzhen is planning to distribute a total of 10 million digital yuan ($1.5 million), Chinaࢀ™s central bank digital currency. However, the giveaway pilot will be funded by Shenzhenࢀ™s Luohu District, as the giveaway money will be reportedly distributed…