China Spends Millions of Digital Yuan to Drive Adoption: Cointelegraph Report

China’s Central Bank Digital Currency Worth Millions of Dollars (CBDC) were distributed nationwide during the Lunar New Year to increase consumption.

According to a date February 6 report According to the Global Times, an English language arm of the state-run People’s Daily, about 200 “activities” for the digital yuan were launched nationwide during the holiday period.

A (fuzzy) QR code for paying with digital yuan is displayed at a Chinese convenience store, where users can scan the code and use the e-CNY to pay for goods. Source