lottery

China to Hand Out $6.2M in Digital Currency to Beijing Residents by Lottery

June 5, 2021
Thumbnail image for China to Hand Out $6.2M in Digital Currency to Beijing Residents by Lottery

The People’s Republic of China will be handing out 40 million renminbi ($6.2 million) of its digital currency to Beijing residents via a lottery. Citizens of the Chinese capital may use two banking apps in order to apply to win one of the 200,000 so-called “Ang Pao” or red envelopes as part of the lottery, […]

Read the full article →