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Beijing Readies USD 6.2m Digital Yuan Trial Amid Claims Main Rival Is Bitcoin

China’s digital yuan project appears to be entering the final stages of its pilot, with yet another giveaway planned – this time in the nation’s capital Beijing. Like previous giveaways in cities like Shenzhen and Chengdu, the tokens will be distributed in a lottery – with a fortunate few residents given “lucky” red digital envelopes containing access to

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