PBOC issues new guidelines to strengthen digital yuan infrastructure

The People's Bank of China (PBOC) has issued new guidelines for the development and improvement of the digital yuan, the 21st Century Business Herald reported. Effective Jan. 1, 2026, the central bank will further strengthen the digital currency's infrastructure and governance by including it in deposit reserves and classifying wallets by liquidity. Additionally, the PBOC will establish a digital yuan management committee and operate a center for its domestic and international operating systems to ensure continuous management and supervision.

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