China to add 12 more banks to e-CNY trial
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Authorities are set to speed up the digital yuan’s (e-CNY) rollout this year. Per industry sources, the central bank (PBoC) will soon add 12 more commercial banks to its network of e-CNY operators, on top of the 10 banks previously designated to participate (Caixin). ICYDK: Under the PBoC’s oversigh...