Shanghai to Hand Out $3 Million in Digital Yuan Lottery

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Shanghai to Hand Out $3 Million in Digital Yuan LotteryAs part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere in China. Lottery Winners to Get 350,000 Digital Red Envelopes […]

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