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Tue, Oct 13, 2020 1:36 PM by be[in]crypto

China Trials Central Bank Digital Currency with $1.5 Million in Handouts

China continues to push on with its central bank-issued digital currency trials. The latest initiative saw 50,000 citizens receive the digital yuan to use at real-world retailers. The government of the tech hub region of Shenzhen sent out a total of almost 10 million yuan (~$1.5 million) in the latest trial of the digital yuan. […] The post China Trials Central Bank Digital Currency with $1.5 Million in Handouts appeared first on BeInCrypto.

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