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Mon, Oct 12, 2020 2:34 PM by newsbtс

Digital Yuan Trial Goes Live But Fears Over Dystopian Future Grow Louder

After years of rumors and leaks on Chinese social media, Shenzhen residents became the first in the country to trial the digital yuan. Distribution of funds took place via a lottery-style promotion with 50,000 “red packets,” each worth 200 yuan ($30), up for grabs. Chinese citizens living in Shenzhen registered their interest via the local […]

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