China Plans to Airdrop $4.5 Million in e-CNY to Shenzhen Dwellers, Bids Big on CBDC

A total of $4.5 million (roughly Rs. 34 crore), wrapped in e-CNY, will be airdropped in China’s Shenzhen city till June 9. People will be able to use their e-CNY tokens to pay for food, clothing, housing, and transportation. China is expanding its Digital Yuan adoption programme in more cities to get more people to use its CBDC.

from Gadgets 360 https://ift.tt/2l6rgMN

No comments:

Post a Comment