TechFlow news, on October 27, according to the official account of China Finance 40 Forum, Pan Gongsheng, Governor of the People's Bank of China, stated at the 2025 Financial Street Forum Annual Conference that digital RMB is a legal digital currency issued and regulated by the People's Bank of China, compatible with emerging technologies such as distributed ledger. After steady advancement in recent years, the digital RMB ecosystem has been initially established. Moving forward, the People's Bank will further optimize the management system of digital RMB, study improvements to its positioning within the monetary hierarchy, and support more commercial banks in becoming operating institutions for digital RMB services.
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