Shenzhen to hand out 10 million digital yuan in currency giveaway

The major Chinese city of Shenzhen is launching a pilot program to promote the digital yuan with a public giveaway.

In collaboration with the country's central bank, Shenzhen is planning to distribute a total of 10 million digital yuan ($1.5 million) — China’s central bank digital currency, local news agency Sina (NASDAQ:) Finance reports Oct. 9.

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