China’s latest CBDC airdrop
The Chinese city of Suzhou has announced that it will be holding a $5 million airdrop of China's central bank digital currency the DC/EP.
Latest DC/EP News
China’s $3 million DC/EP lottery
The city of Suzhou in China will be distributing 20 million yuan ($3 million) of China's central bank digital currency–the DC/EP–via a lottery.
PBoC Governor gives DC/EP update
Peoples Bank of China governor Yi Gang gave several announcements regarding the DC/EP at Hong Kong Fintech week–Yi Gang's reports indicate progress.
China’s Shenzhen city giving away $1.5M in digital yuan to boost adoption
Luohu district in Shenzhen will distribute 50,000 digital ‘red packets’, each containing 200 yuan ($29.7) in a lottery.
Over $160 million sent and received via China’s DC/EP
According to PBOC’s deputy governor, China’s CBDC, the DC/EP, has been used in over 3.13 million transactions with a valuation of roughly $162 million.
China’s digital yuan to be in use by the 2022 Winter Olympics
After years of speculation, China’s central bank has revealed that its long-awaited digital yuan will be in use during the 2022 Winter Olympics in Beijing.
Alibaba, 7 others to receive first batch of China’s digital currency
Reports indicate not only which companies will receive the currency first, but many details about the currency as well.