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China to Introduce Interest on Digital Yuan in 2026

China to Introduce Interest on Digital Yuan in 2026

Author:

Global Cryptocurrency

Published:

2025-12-29 07:57:02

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BTCCSquare news:

China’s central bank will allow commercial banks to pay interest on digital yuan (e-CNY) balances starting January 1, 2026, marking a significant evolution from digital cash to "digital deposit money." The MOVE follows over a decade of pilot programs and aims to boost adoption by aligning the e-CNY more closely with traditional bank deposits.

Deputy Governor Lu Lei framed the upgrade as a strategic enhancement of the currency’s monetary functions, positioning it to compete with private digital payment systems. The overhaul reflects Beijing’s long-term vision for the e-CNY as both a retail and wholesale financial instrument.

By:

China’s Digital Yuan to Offer Interest Payments in Major Policy Shift

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