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China To Pay Interest On Digital Yuan Holdings Under New PBOC Framework

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China To Pay Interest On Digital Yuan Holdings Under New PBOC Framework | 3verseTV
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China’s central bank will introduce a new digital yuan framework on January 1, allowing commercial banks to offer interest on e-CNY holdings. According to PBOC deputy governor Lu Lei, the move transforms the digital yuan from digital cash into deposit-like money within the banking system.

The updated framework aims to accelerate adoption by granting the digital currency store-of-value features while enabling broader payment, circulation, and potential cross-border functionality under central bank oversight.

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