News Snapshot:
Bitcoin Ethereum News According to Chinese media calculations, the digital yuan trials now total about 110 million yuan. Beijing, China’s capital city, is planning to roll out about 10 million yuan, worth $1.5 million, in another trial of the country’s central bank digital currency (CBDC) during the Lunar New Year holiday. Already, China had conducted two major tests of its digital currency, which is currently under development by the People’s Bank of China (PBoC). China Hands Out 10M Digital Yuan in Test During Next Lunar New Year An announcement by the Beijing government revealed that 50,000 Beijing residents would be...