Shenzhen To Participate In An Upcoming Lottery Event To Encourage Adoption Of The Country’s Ne
The people of the Chinese city of Shenzhen will have a chance to participate in an upcoming lottery event to encourage the adoption of the country’s new central bank digital currency (CBDC), known as the DC/EP, digital renminbi, or digital yuan. It has been reported that the lottery is scheduled for January 26, when lots will be drawn to select the 100,000 winners who will each receive a festive “red envelope” packet containing 200 yuan ($31) in DC/EP. However, the total curr