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 European Parliament report recommends researching, but not launching, digital euro April 19, 2023 Crypto knocking on the WEF’s door: The view from Davos June 1, 2022 UAE and China Complete Landmark Transaction Using Digital Dirhams November 24, 2025