China adds eight banks to digital yuan network as operators reach 30
China adds eight banks to digital yuan network as operators reach 30
China’s central bank has added eight banks to the digital yuan network, taking the number of operators to 30.The new banks will begin offering e CNY services after completing business and technical preparations.The expansion follows changes allowing verified digital yuan wallets to earn interest from January 2026.China has also increased cross border e CNY trials, including a July payment between China and Singapore.