A recent report from Global Times China, a state-directed media outfit, reveals that a number of Chinese cities participated in a campaign to promote the country’s Central Bank Digital Currency,...
Tag: Distributes
China Distributes CBDC during Lunar New Year Holidays to Enhance Adoption
Apart from the Lunar New Year activities, the Chinese government has been taking steps to improve the use of its CBDC. During the Lunar New Year season, the Chinese government distributed millions of ...
China Distributes $2.3 Million Worth of Digital Yuan to Shenzhen Citizens: Report
The Chinese authorities will reportedly give away 15 million yuan ($2.3 million) in e-CNY to the residents of Shenzhen’s Futian district. The move aims to boost the adoption of China’s CBDC and promot...
Ripple Distributes 1 Billion XRP In Developer Grants, As Chief Developer Resigns
As part of its ongoing commitment to ecosystem expansion, popular blockchain company Ripple is distributing 1 billion XRP tokens to developers that build on its payment-focused ledger. At the moment, ...