China takes a great leap forward in the digitalization of cash
Published in
2 min readMar 8, 2021
China continues to advance its plans to digitalization of its currency by allocating digital yuan to the public via a lottery to encourage further take up.
Digital money is already widely used in China’s huge market, but the idea now is to avoid the risks to the monetary system involved of doing so through private companies such as Alibaba’s Alipay or…