Shentide TechFlow News: On March 20, according to Caixin, following 10 banks including the six major state-owned banks, 12 commercial banks are expected to connect to the central bank's digital RMB system. It is understood that seven national joint-stock banks including Shanghai Pudong Development Bank, China Guangfa Bank, Huaxia Bank, China Minsheng Bank, CITIC Bank, China Everbright Bank, and Zhejiang Commercial Bank, as well as five local city commercial banks including Jiangsu Bank, Bank of Beijing, Bank of Ningbo, Nanjing Bank, and Suzhou Bank are expected to enter. To date, there are 10 digital RMB operating institutions, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, Industrial Bank, WeBank, and MYbank.
Shentide TechFlow News: On March 20, according to Caixin, following 10 banks including the six major state-owned banks, 12 commercial banks are expected to connect to the central bank's digital RMB system. It is understood that seven national joint-stock banks including Shanghai Pudong Development Bank, China Guangfa Bank, Huaxia Bank, China Minsheng Bank, CITIC Bank, China Everbright Bank, and Zhejiang Commercial Bank, as well as five local city commercial banks including Jiangsu Bank, Bank of Beijing, Bank of Ningbo, Nanjing Bank, and Suzhou Bank are expected to enter. To date, there are 10 digital RMB operating institutions, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, Industrial Bank, WeBank, and MYbank.