More than 2.6 million users signed up for City of Shenzhen's digital Yuan airdrop
According to data obtained from local news outlet Sohu.com, the Shenzhen Chamber of Commerce has recorded over 2.6 million signups for its latest digital yuan, or e-CNY, airdrop. Two months prior, the City of Shenzhen announced that it would be airdropping 30 million of the e-CNY central bank digital currency, or CBDC, to local residents […]
City of Shenzhen airdrops 30M in free digital Yuan to stimulate consumer spending
According to local news outlet Shanghai Securities News, the City of Shenzhen will airdrop 30 million digital Chinese Yuan (e-CNY) to local residents in an attempt to revitalize consumer spending. The airdrop is a joint effort between the City of Shenzhen and Meituan Dianping, China’s leading food delivery app. As per instructions, users would need […]