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    China Plans A $6.2 Billion Digital Currency Lottery for Beijing Residents

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    China Plans A $6.2 Billion Digital Currency Lottery for Beijing Residents

    After testing its Digital Renminbi use in some of the small cities, China is now planning a big CBDC giveaway for Beijing residents. The Chinese government has planned a 40 million renminbi ($6.2 million) lottery giveaway in form of digital currency. China has been conducting such programs for a while as it goes on to

    The post China Plans A $6.2 Billion Digital Currency Lottery for Beijing Residents appeared first on Coingape.

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    Chinese Govt. to Promote Digital Currency [DCEP] at Winter Olympics

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    Chinese Govt. to Promote Digital Currency [DCEP] at Winter Olympics

    While the west is busy with yield farming and worries over devaluation of US Dollar, the Chinese Govt. is strongly propagating their digital Renminbi. An announcement in the People’s Daily notes the plans  for expansion of the pilot program across China.  As reported ealier, the pilot program has begun in various regions in participation with

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    China Launches Pilot of Blockchain Service Network, This Crypto Exchange Joins it

    Banking

    China Launches Pilot of Blockchain Service Network, This Crypto Exchange Joins it

    Hangzhou, Zhejiang in China hosted the first Blockchain Service Network Partner Conference on December 1, 2019. They announced the launched of a Blockchain Service Network […]

    The post China Launches Pilot of Blockchain Service Network, This Crypto Exchange Joins it appeared first on Coingape.

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