CHINA TO DOLE OUT $1.5 MILLION IN A DIGITAL CURRENCY PILOT RUN DURING LUNAR NEW YEAR

• Beijing will dole out about $1.5 million in a limited trial run of the central bank’s digital currency, as told by the municipal government over the weekend.
• A sum total of 10 million yuan will be handed out through about 50,000 packets of 200 yuan, or about $30, each.

This marks the third major trial run of the digital currency in practise by the People’s Bank of China.

China’s ....