Deep Tide TechFlow News: On March 20, according to Caixin, following 10 banks including the six major state-owned banks, 12 commercial banks are expected to be integrated into the People's Bank of China's digital yuan system. It is reported that seven national joint-stock banks including Shanghai Pudong Development Bank, China Guangfa Bank, Huaxia Bank, China Minsheng Bank, CITIC Bank, China Everbright Bank, and Zhejiang Commercial Bank, as well as five local city commercial banks including Jiangsu Bank, Bank of Beijing, Bank of Ningbo, Nanjing Bank, and Suzhou Bank are expected to join. As of now, there are 10 digital yuan operating institutions, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, Industrial Bank, WeBank, and Ant Bank.