China's central bank plans to strengthen crypto oversight and advance development in 2026.

Companies involved with the project received over $188 million in investment following the interest-bearing wallet announcement.

Courts in China recognize digital yuan as property despite crypto ban, creating a legal contradiction as the People's Bank of China pushes digital yuan adoption

Processed 3.48 billion transactions worth 16.7 trillion yuan (approximately $2.38 trillion) as of November 2025.

Starting January 1, 2026, banks can pay interest on e-CNY balances, changing the digital yuan from functioning purely as digital cash to operating more like a bank account.

China discourages stablecoin use while accelerating the digital yuan to protect currency sovereignty, according to former Bank of China VP Wang Yongli.

Chinese state-owned bank issues $600 million in onchain bonds using digital yuan infrastructure.

E-CNY pilot programs have tens of millions of users with ongoing integration into transportation systems, public services, and cross-border payment trials as China accelerates adoption efforts.