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Shanghai to Hand Out $3 Million in Digital Yuan Lottery - Bitcoin News Shanghai to Hand Out $3 Million in Digital Yuan Lottery - Bitcoin News Published on by Lubomir Tassev As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere in China. Lottery Winners to Get 350,000 Digital Red Envelopes The city of Shanghai is going to hand out 19.25 million yuan in digital…
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