The Chinese city of Shenzhen is preparing for its third test for China’s central bank digital currency (CBDC) project known as digital currency electronic payment (DC/EP), as it plans to distribute $3 million in digital yuan in a red packet event. Shenzhen Conducts Digital Yuan Distribution in Longhua District According to local news outlet Yangcheng
Shenzhen Continues CBDC Trials, Distributes Another $3 Million in Digital Yuan [btcmanager]
