China submitted a revised draft of the People’s Bank of China Law for first deliberation on June 23, 2026, adding language that clarifies the legal status of the digital RMB for the first time.
According to NS3.AI, the revision introduces explicit wording to define the digital RMB’s standing under the law.
The update marks the first time the draft law has included provisions addressing the digital RMB’s legal status.
China Submits Draft PBOC Law Revision Clarifying Digital RMB’s Legal Status
2026-06-24 01:15:51
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
