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government subsidies

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China doles out millions in digital yuan in bid to boost adoption: Report

February 6, 2023 by DIGIT

Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season. Go to Source Powered by WPeMatico

Categories CBDC, CBDC adoption, central bank currency, China, covid-19 measures, Digital Renminbi, Digital Yuan, e-CNY, government subsidies, renminbi


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  • usd-coinUSDC(USDC)$1.000.00%
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  • bitcoinBitcoin(BTC)$90,331.00-2.11%
  • ethereumEthereum(ETH)$3,089.63-4.70%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-0.50%
  • binancecoinBNB(BNB)$884.69-0.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.90-2.87%
  • staked-etherLido Staked Ether(STETH)$3,089.80-4.69%
  • tronTRON(TRX)$0.274516-1.94%
  • dogecoinDogecoin(DOGE)$0.137490-2.17%