The central People’s Bank of China (PBoC)’s digital yuan is set for another adoption drive as the Chinese New Year approaches: The domestic Chinese e-commerce giant Meituan has announced details of another token giveaway to celebrate the Year of the Rabbit. Lunar New Year, one of the biggest public holidays in China, falls on January 22 this year. And it is usually marked by the giving of cash gifts to family members and junior employees in “lucky” red envelopes.... Read More: Chinese e-Commerce Titan Meituan Announces New Year Digital Yuan Giveaway
