Free Crypto: Shenzhen plans to run a third Digital Yuan pilot, giving away $3 million

Free Crypto: Shenzhen plans to run a third Digital Yuan pilot, giving away $3 million

20 million digital yuan (about $3.1 million) will be sent out in red envelopes for citizens to use. Recipients will be determined by lottery, which will be done through a random drawing. The round will take place from Feb. 1-9 in Shenzhen. The last digital yuan trial took place in Suzhou and concluded in December.

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