Gate News report: On April 2, the People’s Bank of China added Citic Bank, China Everbright Bank, Huaxia Bank, China Minsheng Bank, Guangfa Bank, Shanghai Pudong Development Bank, Zheshang Bank, Ningbo Bank, Jiangsu Bank, Beijing Bank, Nanjing Bank, and Suzhou Bank as banking digital renminbi business operating institutions, and connected them to the central bank’s digital renminbi system. The newly added institutions will carry out digital renminbi business after completing business and technical preparations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETF Outflows Break 9-Day Streak at $76,555 Ahead of FOMC Meeting
Gate News message, April 28 — U.S. spot bitcoin exchange-traded funds recorded $263.2 million in net outflows on April 27, ending a nine-day inflow streak just as the market awaits this week's Federal Open Market Committee meeting. Bitcoin fell back below $77,000, trading around $76,555 ahead of the
GateNews2h ago
Russia Imposes 30% Tax on Non-Residents' Crypto Income Under New Regulatory Framework
Gate News message, April 28 — Russia's Ministry of Finance has prepared amendments to the country's Tax Code to establish a taxation mechanism for cryptocurrency transactions, with non-residents facing significantly higher rates than domestic investors. The draft legislation was approved by the
GateNews2h ago
Fed Holds Rates at 3.5%-3.75%, Powell's Final Speech May Signal Future Cuts
The U.S. Federal Reserve is set to announce its April interest rate decision on April 29th. Markets are pricing in approximately a 100% probability that rates remain unchanged at 3.5%–3.75%, according to CME FedWatch and prediction markets Polymarket, making the actual decision largely a
CryptoFrontier3h ago
BOJ Governor Ueda: Interest Rate Hike and Quantitative Tightening Adjustments to Proceed Separately
Gate News message, April 28 — Bank of Japan Governor Kazuo Ueda stated that decisions on interest rate hikes and adjustments to quantitative tightening will be handled separately.
The statement signals the central bank's intent to manage its monetary policy normalization in distinct phases, allowin
GateNews7h ago
Blockchain Association Backs Federal Reserve's Formal Removal of 'Reputation Risk' from Banking Oversight
Gate News message, April 28 — The Blockchain Association, a major U.S. crypto advocacy group, has expressed support for the Federal Reserve's proposal to formally remove "reputation risk" from its banking regulatory framework. In a letter to the Fed, the association noted that reputation risk was al
GateNews8h ago
Bank of Japan's Policy Response Function Has Changed, Yen Weakness Becomes Key to Rate Hikes
Gate News message, April 28 — The Bank of Japan may take action as the yen weakens significantly, with the central bank stating in a recent report that it will continue raising rates based on economic, price, and financial conditions. Strategist Naomi Mugurama from Mitsubishi UFJ Morgan Stanley Secu
GateNews11h ago
