China to distribute $1.5 million worth of CBDC to Shenzhen residents

In collaboration with the Peoples Bank of China (PBOC), Shenzhen plans to distribute $1.5 million worth of its Central Bank Digital Currency (CBDC) – the digital yuan. Adopting a promotion strategy similar to that of a surprise airdrop, the giveaway will be distributed to 50,000 recipients through a lottery system. According to reports, each distribution […] The post China to distribute $1.5 million worth of CBDC to Shenzhen residents appeared first on AMBCrypto.

China to distribute $1.5 million worth of CBDC to Shenzhen residents

In collaboration with the Peoples Bank of China (PBOC), Shenzhen plans to distribute $1.5 million worth of its Central Bank Digital Currency (CBDC) – the digital yuan. Adopting a promotion strategy similar to that of a surprise airdrop, the giveaway will be distributed to 50,000 recipients through a lottery system. According to reports, each distribution […]

The post China to distribute $1.5 million worth of CBDC to Shenzhen residents appeared first on AMBCrypto.