Saturday , October 31 2020
Home / South China Morning Post / Shenzhen’s sovereign digital currency giveaway attracts 2 million applicants in China’s latest test of virtual yuan

Shenzhen’s sovereign digital currency giveaway attracts 2 million applicants in China’s latest test of virtual yuan

Summary:
[unable to retrieve full-text content]Nearly 2 million people in Shenzhen, 15 per cent of the southern technology hub’s total population, signed up to take part in the latest trial for China’s sovereign digital currency.Distribution of a total of 50,000 digital “red packets” – gift envelopes traditionally given out during holidays and special occasions – each containing 200 yuan (US), began on Monday after Chinese citizens living in Shenzhen were asked to sign up between Friday and Sunday.But with 1,913,847 people having signed…

Topics:
Cissy Zhou considers the following as important:

This could be interesting, too:

Tyler Durden writes Did ‘The Economist’ Aid A Chinese Communist Influence Operation?

Tyler Durden writes Costco Drops Coconut Milk Products Over Allegations Of Forced Monkey Labor

Tyler Durden writes Why Victor Davis Hanson Thinks Trump Will Win

Tyler Durden writes Central Banks Sell Gold For The First Time In 10 Years Due To Just Two Countries

[unable to retrieve full-text content]
Nearly 2 million people in Shenzhen, 15 per cent of the southern technology hub’s total population, signed up to take part in the latest trial for China’s sovereign digital currency.Distribution of a total of 50,000 digital “red packets” – gift envelopes traditionally given out during holidays and special occasions – each containing 200 yuan (US$30), began on Monday after Chinese citizens living in Shenzhen were asked to sign up between Friday and Sunday.But with 1,913,847 people having signed…

Leave a Reply

Your email address will not be published. Required fields are marked *