Six major state-owned banks in China, including ICBC, ABC, CCB, BOC, CPSB, and Bank of Communications, have announced that starting January 1, 2026, digital RMB real-name wallet balances will earn interest. The interest will be calculated based on the banks' current挂牌 interest rate for demand deposits. This initiative is part of efforts to align with CFT measures and support risk-on assets. Interest calculation and settlement will adhere to the existing rules for demand deposits.
China's State Banks to Offer Interest on Digital RMB Wallets
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