Suzhou City Plans To Give Out 3 Million Yuan Worth Digital Yuan For New Digital Yuan Trial

announcementAs noted in the announcements, there would be a total of 100,000 red packets, with each packet worth $30 or 200 yuan. The announcement further revealed:

To register for the lottery, the announcement stated that Suzhou citizens would need to download the “Su Zhou DA” app on Google Play Store or Apple App Store. After downloading the app, city residents would then register with their original names before logging into the Su Zhou Da app. 

The announcement added that Suzhou citizens can only activate a DC/EP wallet through six financial institutions. They include China Construction Bank, Bank of Communications, Agricultural Bank of China, the Industrial and Commercial Bank of China (ICBC), and the Postal Savings Bank of China. 

Image Credits: Pixabay

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