Highlights –
- Beijing to hand out around $6.27 million in digital currency.
- Beijing Local Financial Supervision and Administration Bureau will do the same through a lottery system.
- China has been developing digital yuan since 2014, but it is still under trials in the form of lotteries.
- Lottery winners will need to download the mobile application of the digital RMB. ....
Tags : CHINA CRYPTOCURRENCY, CHINA YEN, CHINA DIGITAL CURRENCY, CHINA DIGITAL RENMINBI, PEOPLE'S BANK OF CHINA, PBOC, BANK OF CHINA AND INDUSTRIAL AND COMMERCIAL BANK OF CHINA,
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