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CHINESE NEW YEAR

Hong Kong Monetary Authority Promotes Electronic Lai-see for Chinese New Year 2025
Chinese New Year

Hong Kong Monetary Authority Promotes Electronic Lai-see for Chinese New Year 2025

The Hong Kong Monetary Authority encourages electronic lai-see to promote sustainability for Chinese New Year 2025, with new note exchange services available.

CBDC Activity Subsidizes Consumption During Lunar New Year
Chinese New Year

CBDC Activity Subsidizes Consumption During Lunar New Year

After COVID-19 restrictions were eased, Chinese local governments are pushing the usage of the country's digital currency, the digital yuan, to boost e-CNY use and consumption.