Chinese City Of Shenzhen Records 2.6 Million Signups For Its CBDC
Two months after the City of Shenzhen announced the airdropping of 30 million e-CNY central bank digital currency (CBDC), the Shenzhen Chamber of Commerce recorded over 2.6 million signups for its CBDC.
The airdrop was announced as a measure to boost consumer spending, in the wake of an economic slowdown during the Covid-19 pandemic.
