China’s digital yuan to become interest-bearing in 2026BEIJING – Holdings of China’s digital yuan, or e-CNY, will start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up efforts to promote the use of its central bank digital currency. “This will help increase users’ willingness to adopt the digital yuan, expand its usage scenarios, and further solidify China’s leading position in the global exploration of central bank digital currencies,” the state broadcaster said. The use of China’s digital yuan is currently limited to some government agencies and state companies. Earlier on Monday, Financial News, a publication run by the PBOC, said the central bank will issue an action plan on digital yuan management. A new framework for digital yuan measurement, management, operation and ecosystem will take effect on Jan. 1, the newspaper said.
Source: Philippine Star December 31, 2025 01:46 UTC