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China adds eight banks to digital yuan network as operators reach 30

News Snapshot:

The People’s Bank of China has added eight commercial banks to its digital yuan operating network, taking the number of e-CNY service operators to 30 as the central bank continues expanding access to its state-backed digital currency. Summary 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…

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