China’s CBDC wallet resorts to ages-old tradition to boost adoption Post author:MiamiCrypto Post published:December 28, 2022 Post category:alipay / CBDC / central bank digital currency / e-CNY / hongbao / red packet / wechat pay / Yuan A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app. You Might Also Like Only 17% of Russians would agree to store more than $200 in CBDC August 25, 2023 ECB official urges CBDC development for the good of cryptocurrency and consumers January 5, 2023 CBDCs offer faster settlements: Citi survey of global securities firms August 23, 2023