China Pushes CBDC as ‘Good Luck’ Gifts Ahead of New Year Celebrations

China Pushes CBDC as ‘Good Luck’ Gifts Ahead of New Year Celebrations

China, which has been accelerating its efforts to drive the adoption of its CBDC, has undertaken a new experiment, coloured in traditions, to get more people to use the e-CNY. The Chinese authorities have introduced a feature for existing CBDC users that would enable them to send money to their friends and family as ‘red … Read more