China to enhance digital yuan management with deposit features starting 2026

NAMPA / Xinhua

2025-12-29

BEIJING, Dec. 29 (Xinhua) -- The People's Bank of China (PBOC) announced on Monday that an upgraded framework for digital yuan management will take effect on Jan. 1, 2026, moving the e-CNY beyond a cash-like instrument toward a form of digital deposit money. The enhanced system will feature a new measurement framework, management system, operational mechanisms and ecosystem for the digital yuan, the central bank said. The transition builds......

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