News Snapshot:
Source - Unsplash ADVERTISEMENT China’s progress in the development of a Central Bank Digital Currency [CBDC] has been widely lauded. While countries are still in the research phase of CBDC development, China seems to have wrapped up its testing phase. The country recently announced a public giveaway of about 10 million Digital yuan. The latest report reveals details pertaining to the recent giveaway. Shenzhen Locks In Huge Numbers In Public Giveaway With the intention of endorsing the digital yuan, the Shenzhen city of China stepped up and joined hands with the Central Bank of China and launched a pilot program...
