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Shenzhen Launches Third Round of Digital Currency Pilot Testing, Issuing 20M E-Yuan
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Shenzhen Launches Third Round of Digital Currency Pilot Testing, Issuing 20M E-Yuan

Jan 21, 2021
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Shenzhen Launches Third Round of Digital Currency Pilot Testing, Issuing 20M E-Yuan
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(Source: Yahoo)

On Jan. 20, the third round of digital currency pilot testing, part of larger scheme to introduce the E-Yuan in mainland China, was launched in Shenzhen. As part of the project, a total of 20 million digital yuan will be issued to residents of the local Longhua District.

Up to 100,000 so-called “red envelopes”, each with an amount of 200 …

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