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

（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 …