The People's Bank of China has added 12 new digital yuan service operating institutions.

CycleProphet · 2026-04-02T10:36:25+00:00

The People's Bank of China has added several banks as digital renminbi operation institutions to enhance the inclusiveness of digital renminbi services, meet the public's demand for safety, convenience, and efficiency, and will connect to the central bank's digital renminbi system.

CycleProphet

2026-04-02 10:36:25

Abstract generation in progress

Deep Tide TechFlow message, April 2, according to a report by JIN10 Data: To implement the deployment in the “15th Five-Year Plan for the period of 2025–2030” outline on the “steady development of the digital RMB,” further improve the accessibility of digital RMB services, and continuously respond to the public’s demand for safe, convenient, and efficient digital RMB services, the People’s Bank of China has added China CITIC Bank, China Everbright Bank, Huaxia Bank, China Minsheng Bank, and Guangfa Bank, as well as Pudong Development Bank, Zheshang Bank, Ningbo Bank, Jiangsu Bank, Beijing Bank, Nanjing Bank, and Suzhou Bank as banking-type digital RMB business operating institutions, and connected them to the central bank-side digital RMB system. After the newly added institutions complete their business and technical preparations, they will carry out digital RMB business.

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