finance
China Adds 12 Banks as Digital Yuan Operators
The central bank added 12 banks to its list of authorized digital yuan operators to expand access and spur innovation, with services to start after operational checks.
Apr 3rd 2026 ยท China
Insights
- People's Bank of China authorized 12 banks to operate digital yuan services.
- New operators include China CITIC Bank, China Everbright Bank and Huaxia Bank.
- The banks will connect to the central bank digital yuan system and begin services after technical and operational preparations.
- The move is intended to promote steady development and improve inclusiveness of digital yuan services.
- PBOC said it will continue expanding operator numbers to encourage market participation and support innovation.
Sources
- 11 further US banks get Google Pay support for March 2019 9to5google.com
- Google Pay now officially available in Norway, Denmark, Sweden and Finland 9to5google.com
- Google is offering a free $20 Best Buy Gift Card when you use Android Pay 9to5google.com
- China's central bank adds 12 banks as digital yuan operators gulfnews.com