China to hand out $6.2 million in digital currency to Beijing residents as part of trial – CNBC
A digital Chinese currency red packet is seen on a mobile phone in an arranged photograph as Chengdu city starts to distribute 200,000 E-CNY ‘red packets’ worth 40 million yuan on February 24, 2021 in Yichang, Hubei Province of China.
GUANGZHOU, China China will hand out 40 million renminbi ($6.2 million) of its digital currency to citizens in Beijing in a lottery.
Residents of the Chinese capital can use two banking apps to apply to win one of 200,000 so-called red packets as part of the lottery,…
