Shenzhen Futian Distributes 20 Million Digital Yuan in Red Envelopes

(Source: youth.cn)

Futian District in the city of Shenzhen issued 20 million digital yuan to eligible local citizens in 100,000 red envelopes, each with a value of 200 yuan, marking the second time the city of Shenzhen, one of China’s major financial hubs, participated in an official e-yuan pilot in the form of red envelopes.

The appointment for the Futia…