Hebei, China, Issues Digital Yuan Discount Coupons
The Chinese province of Hebei is attempting to spur digital yuan adoption by issuing residents central bank digital currency (CBDC) discount coupons. The coupons, Hebei Daily News reported, will see citizens in Baoding’s...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The coupons, Hebei Daily News reported, will see citizens in Baoding’s Xiong’an New District enjoy subsidized discounts of up to $73.
They can use these to get money off on purchases made at participating home appliances and furniture vendors.
Several restaurants and supermarkets are also participating....
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