Shenzhen's $2m digital currency lottery attracts 2 million hopefuls

in DLIKE4 years ago

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Nearly 2 million people in Shenzhen, 15 per cent of the southern technology hub's total population, signed up to take part in the latest trial for China's sovereign digital currency.

Distribution of a total of 50,000 digital "red packets" – gift envelopes traditionally given out during holidays and special occasions – each containing 200 yuan (S$40.30), began on Monday after Chinese citizens living in Shenzhen were asked to sign up between Friday and Sunday.

But with 1,913,847 people having signed up for the lottery-style giveaway, according to t


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