The Chinese challenge to Bitcoin is ready. The Central Bank distributes 1.5 million dollars in e-yuan


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Starting on October 9, around 50,000 Chinese citizens will be able to go shopping with digital yuan. October 12, 2020 2 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. The People’s Bank of China has been developing a sovereign digital currency since last year. The People’s Bank of China launched the $ 1.5 million free distribution pilot program as part of the digital yuan trials, Sina Finance reported. The Shenzhen Municipal Cyberspace Administration organized a lottery among 50,000 randomly selected people to distribute 10 million e-yuan ($ 1.5...