Shanghai Readies New Digital Yuan Giveaway

Shanghai, China’s biggest city and most powerful financial hub, is set to give away digital yuan tokens to 7,000,000 residents later this week.
Per Yicai, the money – like previous giveaways – will be distributed in digital “red envelopes.” Shanghai residents were asked to register their interest in the giveaway by the end of November 21. A lottery draw will be held in the next few days and tokens will be delivered to “winners” via text message beginning on November 24....
Read More: Shanghai Readies New Digital Yuan Giveaway