- Authorities in Shenzhen, southern China, have handed out $1.5 million of a new digital currency as part of a trial of a cashless society.
- Last Friday authorities gave 50,000 lottery winners the equivalent of $30 each to spend digitally by October 16, the state-run China Daily reported Monday.
- The digital currency is not like a cryptocurrency, and is issued and controlled by China’s central bank, the People’s Bank of China.
- The PBoC said it plans to formally launch the digital payment system in late 2020, according to the BBC.
- Visit Business Insider’s homepage for more stories.
A Chinese city has handed out 10 million yuan, or $1.5 million, in digital currency to trial what citizens would do in a cashless society.
On Friday, 50,000 people living in the Luhou district of Shenzhen were given digital “red envelopes,” each containing around 200 yuan ($30) worth of the digital currency, the state-run
Most events have changed in format this year because of COVID-19, and the same is true for Bone Appetit, a fundraiser that helps defray the costs of Helping Hands Humane Society while celebrating the human-animal connection.
Grace Clinton, director of business development and special events at Helping Hands Humane Society, answered questions about this year’s event.
Could you share Bone Appetit’s history along with its purpose and goals?
Since 2001, Bone Appétit has been our annual dinner and gala fundraiser to help the homeless animals in the Shawnee County community and the greater area of northeast Kansas. This essential fundraiser helps our organization care for over 6,000 animals who come through HHHS’s doors each year, and allows us to celebrate the human-animal bond with our supporters. These funds are vital to continuing our lifesaving mission.
When does this year’s event take place? How has COVID-19 changed this year’s event?