Chinese Bank Uses Digital Yuan Giveaway to Promote Waste Recycling Drive

A Chinese commercial bank has launched new digital yuan-powered recycling rewards programs, with citizens receiving CBDC tokens in exchange for recycling their waste. Per Danzong, via Xinhua, the Qingdao Branch of the Bank of Communications has launched a CBDC-powered rewards solution. The bank debuted its solution in conjunction with the city's household waste disposal provider Jiaoyun Beijie....