95% of winners in China’s CBDC lottery spent digital yuan prizes

The vast majority of China’s $1.5 million digital yuan lottery winners have received and spent their “red packets” of digital yuan.
As of Oct. 18, a total of 47,573 out of 50,000 lottery winners in China have received their prizes, Shenzhen authorities officially announced on Sunday.

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Shenzhen to hand out 10 million digital yuan in currency giveaway

The major Chinese city of Shenzhen is launching a pilot program to promote the digital yuan with a public giveaway.
In collaboration with the country’s central bank, Shenzhen is planning to distribute a total of 10 million digital yuan ($1.

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