Suzhou is set to give away about $5 million in the latest digital currency test

The Chinese city of Suzhou government announced the news on Thursday, saying that the giveaway will take place on Friday, in 150,000 red envelopes, each worth 200 yuan ($31). The giveaway results will be announced on February 10, and winners will have to spend the money between February 10 and February 26 on the e-commerce site and selected offline merchants in Suzhou.

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