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City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending

The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs.

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City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending

The move comes as part of a government effort-led to revitalize consumer spending as a zero-COVID policy has devastated the countries' economic hubs.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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