According to local media, China’s three states will reach citizens in the form of a digital yuan (e-CNY) in “red packets” to resume the country’s economy after the blockade of multiple Covid-19s. Announced plans to pay 10 million yuan. Report..
Red packets are popular in Chinese tradition and you can send financial gifts in red envelopes on special occasions. Especially noteworthy is the Chinese New Year. e-CNY is China’s attempt to create a central bank digital currency.
Nansha District of Guangzhou clearly It will pay the catering and retail industries 10 million yuan red packets to boost consumption and stabilize the economy. According to a statement released by the authorities, the district’s Commerce Department will be responsible for the payment.
according to reportShenzhen plans to issue a digital red envelope of 30 million yuan through a lottery system that allows residents to obtain red packets of up to 128 yuan.
Residents of Shenzhen receive a “real money” package through the bank of their choice.
another report According to local media, Xiong’an has the same plan to rebuild and boost the economy by distributing 50 million yuan to consumers in the region.
New U.S. bill targets digital yuan
Newly introduced Specification Senators Tom Cotton, Mike Brown, and Marco Rubio’s remittances to the US Senate seek to ban the use of digital sources by US app stores.
A bill is needed, according to Senator Cotton because:
“The Chinese Communist Party uses digital currencies to control and spy on everyone who uses them. You can’t give China that chance. The United States has China’s economy at the most basic level. Attempts to weaken should be rejected. “
The sentiment was supported by Senator Rubio. He said:
(Digital source) is a major financial and oversight risk that the United States cannot afford.
According to the wording of the bill, this will block apps such as WeChat as popular mobile app stores such as Google’s Play Store and Apple’s App Store support digital original payments over the platform. Means you need to.
According to Reuters reportThe Chinese Embassy in Washington commented on the bill, saying:
“Another example of the United States just wants to bully foreign companies by abusing state power for reasons that national security cannot support.”
