PBOC Advances Digital Yuan Legislation, e-CNY to Become Sole Legal Digital Currency by 2026
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Legislative Framework Strengthening: The People's Bank of China is advancing the legislative framework for the digital yuan through various initiatives, aiming to establish stronger regulatory measures by 2026, thereby enhancing financial security and maintaining control over the digital currency market.
- Digital Currency Positioning: The e-CNY is positioned as the sole legal digital currency endorsed by the state, a move that is expected to influence both domestic and international transactional processes and potentially reshape financial relations in cross-border trade, enhancing national financial sovereignty.
- International Operations Center Establishment: PBOC Governor Pan Gongsheng is spearheading the establishment of an international operations center in Shanghai, aimed at promoting the internationalization of the digital yuan and further elevating China's status in the global financial system.
- Market Adjustment Expectations: As regulatory plans progress, markets and financial institutions are likely to adjust to align with new guidelines, which is expected to lead to tighter controls on blockchain innovations while enhancing the e-CNY's position in financial reserves.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






