China's Central Bank Expands List of Banks Authorized to Handle Digital Yuan

Ринки 18.08.2026    14:07

The People's Bank of China (PBC) has added eight banks to the list of institutions authorized to conduct transactions in the digital yuan, bringing the total number to 30.

The list now includes Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of Changsha, and Guangxi Beibu Gulf Bank.

This move is aimed at increasing the accessibility of digital yuan services and meeting public demand for secure, convenient, and efficient digital yuan services, according to a statement from the PBOC.

The new operators will be connected to the central bank’s digital yuan system and will begin providing services after completing operational and technical preparations, according to Xinhua News Agency.

The PBOC stated that it will continue to expand the number of operators to create an open, inclusive, and fair competitive environment for the development of the digital yuan.

 

Теги:   People’s Bank of China digital yuan Переглядів:   71