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China to hand out $6 2M in new digital yuan trial in Beijing

Beijing to dispatch digital RMB to individuals

Beijing to hand out millions in digital-currency envelopes - Buz & Tech News

Beijing to hand out millions in digital-currency envelopes - Buz & Tech News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.

Beijing to hand out millions in digital-currency envelopes

Beijing to Give Away US$1 55 million in RMB200 Digital Yuan on Wednesday for Chinese New Year

Beijing to Give Away US$1.55 million in RMB200 Digital Yuan on Wednesday for Chinese New Year Beijing to Give Away US$1.55 million in RMB200 Digital Yuan on Wednesday for Chinese New Year February 8, 2021 Posted by China Briefing Reading Time: 2 minutes The Beijing Government is to give away RMB10 million (US$1.55 million) to residents during Chinese New Year as part of the trials of introducing a digital currency. 50,000 randomly selected individuals will be given RMB200 in digital currency, who can then use the e-CNY through certain apps or the digital wallets of designated stores and restaurants in Wangfujing, one of the most famous and popular shopping streets in China. Successful recipients will be notified of their luck on Wednesday.

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