{"id":1015040,"date":"2026-06-17T08:34:49","date_gmt":"2026-06-17T03:04:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1015040"},"modified":"2026-06-17T08:44:25","modified_gmt":"2026-06-17T03:14:25","slug":"china-signs-up-26-financial-institutions-to-digital-yuan-cross-border-payment-platform-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/17\/china-signs-up-26-financial-institutions-to-digital-yuan-cross-border-payment-platform-2\/","title":{"rendered":"China signs up 26 financial institutions to digital yuan cross-border payment platform"},"content":{"rendered":"<p>China&#8217;s digital yuan operation centre signed direct participant agreements with 26 financial institutions in Shanghai on Tuesday, aiming to expand low-cost, efficient cross-border payments and advance global adoption of the Chinese currency. <\/p>\n<p>The international operation centre of \u200cthe digital \u2060yuan \u2060was established and managed by the People&#8217;s Bank of China. <\/p>\n<p>The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement platform that supports round-the-clock digital payment links with foreign central banks and overseas financial institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s digital yuan operation centre signed direct participant agreements with 26 financial institutions in Shanghai on Tuesday, aiming to expand low-cost, efficient cross-border payments and advance global adoption of the Chinese currency. The international operation centre of \u200cthe digital \u2060yuan \u2060was established and managed by the People&#8217;s Bank of China. The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement platform that supports round-the-clock digital payment links with foreign central banks and overseas financial institutions.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1015040","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1015040"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015040\/revisions"}],"predecessor-version":[{"id":1015041,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015040\/revisions\/1015041"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1015040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1015040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1015040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}