BUSINESSCOINTELEGRAPH
China adds 8 banks to digital yuan network as operator count hits 30
China expanded its digital yuan network by adding eight banks, bringing the total number of operators to 30. These newly authorized lenders will begin offering e-CNY services after successfully completing necessary operational and technical preparations.
Related Signal
Adjacent reporting
- China now has 7 of world’s 10 biggest banks as Beijing’s financial ambitions grow
- China cuts durian settlement to 30 minutes with first outbound e-CNY payment to Malaysia
- China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe
- Hong Kong yuan facility to expand 150% to US$73.6 billion to meet international demand