Caixin: DCEP Operating Agency to Expand, 12 Commercial Banks May Join

BlockBeats News, March 20th, following the 10 banks including the six major state-owned banks, 12 commercial banks may connect to the central bank's digital RMB system. It is reported that these seven nationwide joint-stock banks, including SPDB, CGB, HXB, CMBC, CEB, CEB, CZBank, as well as Jiangsu Bank, Bank of Beijing, Bank of Ningbo, Bank of Nanjing, and Bank of Suzhou, these five local city commercial banks are expected to join.

So far, there are 10 banks in the digital RMB operating agency, including ICBC, ABC, BOC, CCB, BOCOM, PSBC, CMB, CIB, as well as WeBank and Webank. (Caixin)