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China adds 8 banks to digital yuan network
China's central bank has added 8 banks to the digital yuan network, bringing the total number of e-CNY service providers to 30. The newly added banks include Ping An Bank, Hengfeng Bank, China Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Huishang Bank, Bank of Changsha, and Guangxi Beibu Gulf Bank, according to a Xinhua News Agency report. These banks will connect to the People's Bank of China's digital yuan system and begin providing services after completing operational and technical preparations. This network expansion follows the addition of 12 financial institutions in April, when previously only 10 banks had been approved as operators, with Industrial Bank being the latest to join in 2022.
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3698.HK · Demand · Positive Huishang Bank is one of the eight banks newly added to the digital yuan network, expanding its service offerings.
600926.CG · Demand · Positive Bank of Hangzhou is one of the eight banks newly added to the digital yuan network, expanding its digital currency services.
601229.CG · Demand · Positive Bank of Shanghai is one of the eight banks newly added to the digital yuan network, enabling it to offer e-CNY services.
9668.HK · Demand · Positive China Bohai Bank is among the eight banks newly added to the digital yuan network, enabling it to provide e-CNY services.
000001.CS · Demand · Positive Ping An Bank added to digital yuan network, enabling new digital currency services.
601577.CG · Demand · Positive Bank of Changsha added to digital yuan network, expanding its service offerings.