The number of institutions authorized to operate digital yuan services is expected to expand to 22.
Digital Yuan Operator List Set to Expand to 22—12 New Banks Joining the PBOC's System
The digital yuan ecosystem is growing. According to the Shanghai Securities News, 12 commercial banks are poised to become new digital yuan operators, connecting directly to the central bank's system. The current list of 10 operators includes big state-owned banks, joint-stock players like China Merchants Bank and Industrial Bank, and digital-only banks WeBank and MYbank. The new batch adds seven national joint-stock banks—including CITIC, Everbright, Minsheng, and SPD—plus five regional city banks like Bank of Ningbo, Bank of Jiangsu, and Bank of Beijing. If finalized, total operators would hit 22. The banks are already in system development and testing mode. The digital yuan runway is getting longer.
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