China’s Bank of Ningbo said it is inviting suppliers to help build a system to handle the digital yuan, in a sign that the country’s central bank may soon hand out more licenses as it tries to broaden the use of its e-CNY.
The People’s Bank of China (PBOC) may allow another 12 Chinese banks to conduct e-CNY businesses, local media outlet Caixin reported late on Thursday. Currently, China has licensed 10 banks for digital yuan business, including top state banks suc… [1018 chars]
Source: Reuters | Published: 2026-03-20T02:07:02Z
Credit: Reuters
